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Business English Exercises
 

Electronic Commerce (1)

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Home > Teaching Business English > Business English Lessons, Advanced Level # 152
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This paper by Derek Miers received critical acclaim when it was published in 1996, and the issues highlighted are just as relevant today.

Correct answer: (a) acclaim

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Over recent years information technology has experienced an unprecedented degree of change, enabling the transformation of the basic mechanisms of business.

Correct answer: (d) mechanisms

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Within the next years we will see the emergence of secure, cost-effective electronic payment systems to augment these technologies.

Correct answer: (c) augment

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501 Business English Exercises — Printable, photocopiable.
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Those waiting for clear signs of this new age before acting will forever be destined to observe from the sidelines.

Correct answer: (d) sidelines

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The fundamental opportunity offered by the Internet is for suppliers to gain direct access to consumers without the attendant costs associated with the maintenance of physical distribution channels-- people, bricks and mortar.

Correct answer: (c) mortar

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Markets and marketing concepts will change radically, driven by those companies who successfully rise to the challenge.

Correct answer: (b) rise to

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11th-century Europe saw the emergence of credit-based banking systems and financial instruments such as bills of exchange, and these concepts remain with us, in their modified form, to this day.

Correct answer: (c) to this day

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These basic concepts underpin all modern forms of commerce.

Correct answer: (c) underpin

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The rise of the Internet since the advent of the World Wide Web has provided an easy-to-use communication channel for businesses to contact current and potential customers.

Correct answer: (a) advent

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The emergence of the Internet as a general communication channel has also given rise to the possibility of widespread electronic commerce.

Correct answer: (b) rise

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
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