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Digital Business MCQ with Answers

1. Adoption of digital business by established SMEs is generally ___________

A. Less than that in larger businesses

B. More than that in larger businesses.

C. Equal to larger businesses.

D. None

Answer: Less than that in larger businesses

2. _________describes the manner in which business is done to generate revenue and create value.

A. Digital Business

B. Business Model

C. Ecommerce

D. CRM

Answer: Business Model

3. Companies charge others for allowing them to place a banner on their sites. This Digital Business Model is known as ______

A. Transaction Fees

B. Licensing Fees

C. Affiliate Fees

D. Advertising Fees

Answer: Advertising Fees

4. This business model involves trade between business organizations and customers.

A. B2B

B. B2C

C. P2P

D. C2C

Answer: B2C

5. IoT stands for

A. Information Of Things

B. Input-Output Things

C. Internet of Technology

D. Internet of Things

Answer: Internet of Things

6. ___________EC model is that of selling products or services online

A. Brick & Mortar

B. Online direct marketing.

C. Indirect Marketing

D. Both A & B

Answer: Online direct marketing.

7. Online Community is also called______

A. Internet community

B. Web community

C. Social Community

D. Both A & B

Answer: Both A & B

8. _______digital business model involves trade and transaction dealings between business establishments.

A. B2C

B. C2B

C. B2B

D. P2P

Answer: B2B

9. When members of a virtual community interact with each other over the internet, then it is called ___________.

A. Web Community

B. Online Community

C. Internet Community

D. All of the above

Answer: All of the above

10. ________is the new business model that aims to gain a competitive advantage by using Information Technology.

A. Digital Economy

B. Digital Enterprise

C. Internet of Things

D. E-commerce

Answer: Digital Enterprise

11. In online or digital ERP, ERP stands for________

A. Enterprise Resource Planning

B. Enterprise Relationship Planning

C. Enterprise Resource Process

D. Electronic Resource Planning

Answer: Enterprise Resource Planning

12. In eCRM system, CRM stands for_______

A. Customer Resource Management

B. Customer Retention Management

C. Customer Relationship Management

D. Customer Relationship Mapping

Answer: Customer Relationship Management

13. The transformation of key business processes through the use of digital or Internet technologies is known as ____________

A. E‑business

B. E-Commerce

C. Digital Business

D. Both A and C

Answer: Both A and C

14. A _________ community is one where the interaction takes place over a computer network, mainly the Internet.

A. Online

B. Virtual

C. Internet

D. All of the above

Answer: All of the above

15. _______ is a new digital ecosystem, which can be described through five Cs: creativity, connectivity, collaboration, convergence, & community.

A. .NET

B. Web 2.0

C. IoT

D. Webex

Answer: Web 2.0

16. _________ has specific objectives to increase profits when increasing its benefits to society.

A. Digital Business

B. Social Network

C. Social Enterprise

D. Virtual Community

Answer: Social Enterprise

17. _________includes digital wireline or wireless communication networks, computers, software, and other related information technologies.

A. Internet Economy

B. Digital Economy

C. Social Economy

D. Both A & B

Answer: Both A & B

18. The scope of e‑commerce is ________ than digital business.

A. Broader

B. Narrower

C. Wider

D. Hyper

Answer: Narrower

19. All electronically mediated information exchanges are known as ______

A. Digital Business

B. E-Business

C. E-Commerce

D. Digital Marketing

Answer: E-Commerce

20. _______ is NOT an example of Digital Business.

A. OYO Rooms

B. Reliance SMART

C. Ola

D. D Mart Ready

Answer: Reliance SMART

21. Digital business is similar to the term __________ which was first coined by IBM corporation.

A. E‑business

B. E-Commerce

C. Internet Business

D. Both A and B

Answer: E‑business

22. Digital business Infrastructure refers to the combination of ________

A. Hardware

B. Software

C. Servers

D. All of the above

Answer: All of the above

23. Digital business is __________ in its scope than e‑commerce.

A. Broader

B. Narrower

C. Restricted

D. Border

Answer: Broader

34. OLX and Quikr is an example of _________digital business model.

A. P2P

B. B2B

C. C2C

D. Both A & B

Answer: P2P

25. ________ is an organization that uses technology as a competitive advantage in its internal and external operations.

A. Digital Economy

B. Digital enterprise

C. E-commerce

D. None of the above

Answer: Digital enterprise

26. Customers pay a fixed amount, usually monthly, to get some type of service. This is an example of ________ Digital Business Model

A. Affiliate Fees

B. Transaction Fees

C. Subscription Fees

D. Licensing Fees

Answer: Subscription Fees

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