Midterm

1
Midterm 3

• Review Notes, Spring 2002

2
Test Format

• Multiple Choice
• 50 questions, worth 1.5 points each
• Chapter 11 10 questions
• Chapter 1217 questions
• Chapter 13 18 questions
• Mobile Commerce 5 questions

3
Chapter 11 Topics

• Size and Background of Service Industries
• Trends and Leading online companies of the online
  banking, recruitment, travel, real estate,
  grocery industries
• Web Van case

4
Chapter 12 topics

• The four types, and definitions of, net market
  places.
• The role of EDI
• Growth of B2B industry and various sectors
• The procurement process
• Supply chain management

5
Chapter 13

• Types of auctions
• Costs and benefits of auctions
• Fundamentals of auctions
• Major portals and use by consumers
• Virtual communitiesvarious types, features
• Ivillage case

6
Possible Exam Question

• Explain why online career services are so well
  suited to the Web and identify current trends in
  the online career services industry.

7
Possible Exam Question

• Discuss the major trends in the development of
  Net market places. What are the benefits they
  offer to individual firms and to industrial firms
  and to industries? How could Net marketplaces
  possibly reduce competition and drive prices up?

8
Possible Exam Questions

• What are the costs and risks involved in
  participating in an auction and how have auction
  sites sought to reduce these risks? What types
  of abuses and frauds have occurred in the auction
  environment?