Business Degree Business Technology 3

Question 1

Which type of e-commerce model involves transactions between two businesses rather than between a business and an individual consumer?

Accepted Answer

B2B (Business-to-Business)

Answer

B2B e-commerce involves commercial transactions conducted electronically between businesses, such as a manufacturer selling to a wholesaler.

Question 2

A retailer uses software that analyzes purchasing patterns to automatically reorder stock when inventory falls below a threshold. This is an example of which technology application?

Accepted Answer

Automated inventory management

Answer

Automated inventory management systems use real-time data and predefined rules to trigger reorder points without human intervention.

Question 3

Which wireless communication standard is most commonly used for short-range data exchange between devices like smartphones and payment terminals?

Accepted Answer

Near Field Communication (NFC)

Answer

NFC enables contactless data exchange over very short distances (typically under 4 cm), making it ideal for tap-to-pay and device pairing.

Question 4

In project management software, which feature allows team members to see task dependencies and the critical path of a project visually?

Accepted Answer

Gantt chart

Answer

A Gantt chart displays project tasks on a timeline, showing start and end dates, durations, and dependencies between tasks including the critical path.

Question 5

A company stores customer purchase history in a structured format to run quarterly sales reports. Which type of database system is most appropriate?

Accepted Answer

Relational database (SQL)

Answer

Relational databases organize structured data into tables with defined relationships, making them ideal for transactional records and structured queries like sales reports.

Business Degree Practice Test

Business Degree Practice Test

Business Degree Business Technology 3