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E-Business Strategy
Paul Phillips, University of Surrey, UK

E-Business Strategy: Lessons Learned

Self-Test Questions



1

According to Magretta (2002) is a business model the same as strategy?
A)Possible
B)Yes
C)No
D)None of the above
2

What are the two important dimensions ignored by business models?
A)Competition and risk
B)Markets and customers
C)Suppliers and customers
D)None of the above
3

What were the primary reasons for the success of Amazon and eBay?
A)Their business model was ideally suited to the Internet
B)They were the first to market
C)They were lucky
D)None of the above
4

According to Magretta (2002) when business models do not work it is because they:
A)Are too slow to react to market changes
B)Are too inflexible and slow to react to market changes
C)Fail the narrative test (the story does not make sense) or the number test (the profit and loss account does not make sense)
D)None of the above
5

According to IBM what percentage of companies has taken concrete actions to update their management systems to meet the demands of e-business initiatives?
A)40%
B)10%
C)60%
D)None of the above
6

What is the IBM Paragon test based upon?
A)IBMs Paragon test is based on a set of unpredictable variables, which can be used by management to assess the readiness and quality of an e-business initiative
B)IBMs Paragon test is based on a set of predictive variables, which can be used by management to assess the readiness and quality of an e-business initiative
C)IBMs Paragon test is based on a set of processes, which can be used by management to measure e-business performance
D)None of the above
7

The vertical axis of IBMs Paragon test focuses on the:
A)'Precision' of a solution which can be in terms of key performance measures (KPM) attained or number of defects detected
B)'Precision' of a solution which can be in terms of key performance measures (KPM) proposed or number of defects expected
C)'Approximate' solution which can be in terms of key performance measures (KPM) proposed or number of defects expected
D)None of the above
8

According to Wall (2002) who cites David Pannell of Durlacher, what are the three fastest-growing and most lucrative areas of e-commerce?
A)Sport, music and adult entertainment
B)Media, travel and sport
C)Travel, adult entertainment and betting
D)None of the above
9

In what year and period did lastminute.com achieve operational profitability?
A)Quarter 2, 2002
B)Quarter 1, 2001
C)Quarter 3, 2001
D)None of the above
10

How many members did Friendsreunited obtain in its first two years?
A)Three million
B)Six million
C)Two million
D)None of the above
11

According to Accenture (2001) study of e-business firms in Europe, USA and Japan, what percentage of executives expect to be pursuing significant opportunities in mobile commerce within three years?
A)39%
B)59%
C)49%
D)None of the above
12

Do you feel that e-business is here to stay?
A)Maybe
B)No
C)Yes
D)None of the above