Cross-border E-commerce consideration
Cross-Border E-Commerce Quiz
Test your knowledge of cross-border e-commerce with our engaging quiz! This quiz contains 10 multiple-choice questions covering essential aspects of international online trading.
Learn about:
- Payment service providers
- Landed costs and import types
- Localization strategies
- Data security considerations
1. What is Cross-border E-commerce?
A. Sale or purchase of product via online shop across the border.
B. Online trading between b2c, b2b and c2c.
C. When buyers and sellers are in different countries.
D. All above are correct.
2. As a business, which are the factors of company has to consider?
A. Pricing strategies, Localization and data security.
B. Landed cost, payments and legal regulations.
C. Shipping/logistics and customer service.
D. All above are correct.
3. Which statement is wrong? Landed cost helps…
A. Make sure you are budgeting correctly.
B. Look into other carriers to reduce your costs when you find shipping costs are too high.
C. Make business decision without determining products.
4. In a market, T-shirt normally costs 10$, however, Gucci brands sells T-shirt with same quality with 100$. So which strategy is used in this case?
A. Price Skimming
B. Penetration pricing
C. Cost- based pricing
D. Value- added pricing
E. Competitive pricing
5. What is definition of Payment Service Provider (PSP)?
A. Online services for accepting electronic payments
B. Customer service for payments
C. Shipping service methods
6. When customer orders, the goods will be sent from bonded warehouse to warehouse in customer’s country and then it will be sent to customer’s location. What is the type of import?
A. Direct purchase import
B. Bonded import
7. Which one provides information how handle goods if they are damaged during delivery?
A. Return policy
B. Localized emails
C. Localized FAQ
D. Loyalty programs
8. Creating separates websites with multi-approach for each country is belong to which consideration factor?
A. Customer service
B. Localization
C. Data security
D. Payment method
9. Which dimension is ensuring that any information that customers have shared online remains unchanged in Data security of CBEC?
A. Privacy
B. Integrity
C. Authentication
D. Non-repudiation
10. Should each country build their own law for CBEC?
A. Yes
B. No
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