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Exam 11: Social Networks, Auctions, and Portals

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Question 31

Multiple Choice

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Which of the following is a common problem in sealed bid markets?

A) bid rigging
B) discriminatory pricing
C) persistent bidding
D) seller nonperformance

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Question 32

Multiple Choice

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Which of the following involves e-mailing another seller's bidders and offering the same product for less?

A) transaction interception
B) bid siphoning
C) shill bidding
D) persistent bidding

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Question 33

True/False

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In C2C auctions, a business owns or controls assets and uses dynamic pricing to establish the price.

The time spent watching and reviewing auction bids is a part of ________ costs.

The world's leading portal/search engine site, in terms of unique visitors, is:

E-mailing buyers to warn them away from a seller is a type of auction fraud known as ________.

Which of the following involves a concern that one will never know how much the ultimate winner might have paid, or the true value to the final winner?

Discuss the impact social networks have had on how businesses operate, communicate, and serve their customers.

Priceline.com is an example of a(n) :

What are the different types of social networks and what is the business model of each one?

Auction fraud accounts for the highest percentage of total Internet fraud reported to the Internet Crime Complaint Center.

Sponsored community sites are network sites created by government, non-profit, or for-profit organizations.

A(n)________ facilitates group buying of products at dynamically adjusted discount prices based on high-volume purchases.

All of the following statements about social networks are true except:

In 2012, the total worth of goods sold on eBay was approximately:

________ help employees navigate to the firm's human resource and corporate content such as corporate news and announcements.

Which of the following types of auctions tends to be best for sellers?

Threatening negative feedback in return for a benefit is an example of:

All of the following types of auctions have a buyer bias except:

Which of the following was a primary feature of early online communities?