Quiz
Q12
Questions in this quiz (5)
1Which of the following refers to a situation in which a business sells directly to the customer online and cuts out the middle man?
- AIntermediation
- BDisintermediation
- CReintermediation
- DCybermediation
2Which of the following is not consistent with our class discussion?
- ADisintermediation refers to a removal of intermediaries in a supply chain.
- BIn some cases, manufacturer's attempt to disintermediate one sales channel leads to a channel conflict with other ones
- CA channel conflict often prevents cannibalization among sales channels
- DRe-intermediation refers to a situation in which an intermediary is added back into the supply chain.
3Which of the following is NOT true about tax & e-commerce?
- AWhen business entity doe not have an established NEXUS with a state, it does not have responsibility to collect sales tax from in-state customers and remit it to the State.
- BThe customers who did not have to pay sales tax should personally declare the tax of equivalent amount as 'Use Tax". But this responsibility is ignored in most cases.
- CNo state can enact laws that require online retailers to collect sales taxes on sales to the people in their states, when the online retailers do not have nexus with the state.
- DNexus refers to a connection between a tax-paying entity and a government
4Since travelers want to make an exhaustive comparison of prices and schedules available, direct online sales efforts of airline companies to intermediate travel agencies have not been not entirely successful and even allowed the entry of new intermediaries such as Expedia.com. How do you call this type of phenomenon?
You Answered- ACannibalization
- BDisintermediation
- CChannel Conflict
- DReintermediation
5Which of the following is not true about Marketplace Fairness Act?
- AIt is a legislation to give states the option to require out-of-state businesses to collect and remit sales tax
- BThe bill passed Senate in 2013 and has taken effect since 2014
- CRegardless of this act, online sellers whose annual remote sales does not exceed $1 million can still maintain competitive tax advantage against the local retailers
- DThe 2013 bill has been stalled in the House of Representative due to the concern that it would be seen as raising taxes
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- INFORMATION SYSTEMS
- Author
- Diocar Cruz
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- English
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