1. What is e-commerce? How does it differ from e-business? Where does it intersect with ebusiness?

2. What is information asymmetry?

3. What are some of the unique features of e-commerce technology?
4. What is a market space?
5. What are three benefits of universal standards?
6. Compare online and traditional transactions in terms of richness.
7. Name three of the business consequences that can result from growth in information density.
8. What is Web 2.0? Give examples of Web 2.0 sites and explain why you included them in your
list.
9. Give examples of B2C, B2B, C2C, and social, mobile, and local e-commerce besides those
listed in the chapter materials.
10. How are e-commerce technologies similar to or different from other technologies that have
changed commerce in the past?
11.What is a business model? How does it differ from a business plan?
12. What are the eight key components of an effective business model?
13. What are Amazons primary customer value propositions?
14. Describe the five primary revenue models used by e-commerce firms.
15. Why is targeting a market niche generally smarter for a community provider than targeting a
large market segment?
16. Would you say that Amazon and eBay are direct or indirect competitors? (You may have to
visit the Web sites to answer.)
17. What are some of the specific ways that a company can obtain a competitive advantage?
18. Besides advertising and product sampling, what are some other market strategies a company
might pursue?
19. How do venture capitalists differ from angel investors?
20. Why is it difficult to categorize e-commerce business models?