1 .		In the short history of e-business and e-commerce, events have demonstrated that successful e-businesses are those that can recognize the needs of their target audiences and match those needs with relevant content. [Hint]  True  False
2 .		E-business refers to aspects of online business involving exchanges among customers, business partners and vendors. [Hint]  True  False
3 .		The term 24/7 means 24 hours a day, 7 days a week. [Hint]  True  False
4 .		Personalization refers to greeting customers as soon as they enter a business's Web site so that they feel welcomed at the site. [Hint]  True  False
5 .		The storefront model is a basic form of e-commerce in which the buyer and the seller interact indirectly through independent sales Web sites. [Hint]  True  False
6 .		To conduct storefront e-commerce, merchants must market their sites to potential customers through various types of media. [Hint]  True  False
7 .		Shopping carts allow users to store items in layaway for later purchase. [Hint]  True  False
8 .		Merchant databases only store product and shipping information. [Hint]  True  False
9 .		Amazon.com is one of the most popular merchant sites that use shopping-cart technology. [Hint]  True  False
10 .		Internet users can assume the role of either bidder or seller in an online auction. [Hint]  True  False
11 .		Sellers might set the opening bid lower than the reserve price in order to limit the number of bids. [Hint]  True  False
12 .		Auction sites do not require a payment from the participating parties when a transaction is completed. [Hint]  True  False
13 .		Portal sites force consumers to flip through multiple locations rather than having all the information in a central location. [Hint]  True  False
14 .		Portals have many advantages for consumers such as assisting users in collecting product information, thus facilitating comparison-shopping. [Hint]  True  False
15 .		Horizontal portals are specific portals that offer a great deal of information pertaining to a single area of interest. [Hint]  True  False
16 .		The name-your-price business model empowers customers by allowing them to state the price they are willing to pay for products and services. [Hint]  True  False
17 .		The comparison-pricing model is designed to sell products to groups of people in a single transaction, thus reducing cost per person. [Hint]  True  False
18 .		Bartering means offering one item in exchange for another. [Hint]  True  False
19 .		Final agreements in a bartering transaction involve only products. [Hint]  True  False
20 .		A turnkey solution is a prepackaged business solution. [Hint]  True  False