7. In the Internet economy it is considered essential to acquire as many customers as
possible.
8. Telecommunications technology forms the “backbone” of the Internet Infrastructure.
9. “Scalability” refers to information systems that can only grow with substantial future
investment.
10. Less than half of online consumers use email on a daily basis.
11. Web 3.0 refers to websites and applications that will understand and respond to the user’s
intent.
12. The Internet has fostered a number of Interactive Marketing Channels.
13. Lowering costs and increasing quality are not benefits to firms of Internet operations.
14. Pets.com demonstrates an example of one of the most successful of the early Internet-only
firms.
ESSAY
1. The text on page 10 discusses a number of generic marketing objectives that can be
accomplished on the Internet. Explain the nature of each, and give a brief example of how an
Internet marketer (real or hypothetical) might achieve each objective.