1. Quiz #01 ISM 41113, Electronic Commerce By: S. Sabraz Nawaz
Senior Lecturer in MIT
Department of MIT
Faculty of Management and Commerce, SEUSL

2. Quiz #01 Electronic Commerce
What is a revenue model? How does it differ from a business plan?
Would you say that BBC.COM and ESPN.COM are direct or indirect competitors? (You may have to visit the Web sites to answer.)
Is it difficult to categorize e-commerce business models, why?
What are the major differences between virtual storefronts such as Drugstore.com and bricks-and-clicks operations such as Walmart.com? What are the advantages and disadvantages of each?