True/False
Indicate whether the statement is true or false.
____ 1. Transferring funds, placing orders, sending invoices, and shipping goods to customers are all types of activities or transactions.
____ 2. Business-to-consumer electronic commerce occurs when a person sells an item through a Web auction site to another person.
____ 3. An airline ticket is an excellent example of an item with a high value-to-weight ratio.
____ 4. Electronic commerce reduces the speed and accuracy with which businesses can exchange information.
____ 5. Electronic payment can be easier to audit and monitor than payment made by check.
____ 6. Using the value chain reinforces the idea that electronic commerce should be a business solution, not technology implemented for its own sake.
____ 7. E-mail was born in 1972 when a researcher wrote a program that could send and receive messages over the network.
____ 8. An HTML document is similar to a word-processing document in that it specifies how a particular text element will appear.
____ 9. IP addresses appear as five numbers separated by periods.
____ 10. A domain name is a set of words assigned to specific IP addresses.
____ 11. The POP protocol provides support for MIME.
____ 12. Although fax, e-mail, and overnight carriers have been the main communications tools for business for many years, extranets can replace many of them at a lower cost.
____ 13. Although an extranet is a VPN, not every VPN is an extranet.
____ 14. Academic publishing has always been a relatively easy business in which to make a profit.
____ 15. Most successful advertising on the Web is targeted to very specific groups.
____ 16. Most newspaper publishers have found that the cost of operating their Web sites cannot be covered by the revenue they generate from selling advertising on the sites.
____ 17. On Web sites that use the advertising-subscription revenue model, subscribers are typically subjected to much more