Technology And The Marketing Mix:
Overview
A shop used to need a high street; now it needs a website. The internet has rewritten how businesses reach customers, letting a tiny firm sell around the world overnight and letting a shopper compare a hundred sellers in seconds. Technology has not just changed marketing; it has changed who can compete.
In this lesson you will learn what e-commerce is, weigh its opportunities and threats for both businesses and consumers, and see how firms use the internet and social media to promote themselves. You will leave able to judge whether and how a business should take its marketing online.
Objectives
- Define and explain the concept of e-commerce
- The opportunities and threats of e-commerce to business and consumers
- Use of the internet and social media networks for promotion
Lesson Note
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Lesson Evaluation
Congratulations on completing the lesson on Technology And The Marketing Mix:. Now that youve explored the key concepts and ideas, its time to put your knowledge to the test. This section offers a variety of practice questions designed to reinforce your understanding and help you gauge your grasp of the material.
You will encounter a mix of question types, including multiple-choice questions, short answer questions, and essay questions. Each question is thoughtfully crafted to assess different aspects of your knowledge and critical thinking skills.
Use this evaluation section as an opportunity to reinforce your understanding of the topic and to identify any areas where you may need additional study. Don't be discouraged by any challenges you encounter; instead, view them as opportunities for growth and improvement.
- E-commerce is best defined as: A. advertising on television B. buying and selling goods and services over the internet C. paying staff electronically D. storing data in the cloud Answer: B
- Which is an opportunity of e-commerce for a business? A. cyber-security risks B. reaching a global market C. higher shop rent D. customers cannot inspect goods Answer: B
- A threat of e-commerce to consumers is: A. wider choice B. lower prices C. the risk of online fraud and data misuse D. shopping at any time Answer: C
- A main benefit of using social media for promotion is that it: A. is completely risk-free B. is cheap and can reach a large audience quickly C. guarantees high sales D. removes all competition Answer: B
- Which is a threat to a business of selling online? A. opening 24 hours a day B. global competition from other sellers C. lower shop costs D. collecting customer data Answer: B
Available on the Green Bridge App
Download the Green Bridge CBT app on your phone or computer to access full lesson notes, practice questions, and more.
Available on the Green Bridge App
Download the Green Bridge CBT app on your phone or computer to access full lesson notes, practice questions, and more.
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Practice Mock Questions
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