- 1. The digital economy refers to the global network of economic activities that are enabled by digital technologies and platforms. It encompasses the production, distribution, and consumption of goods and services that are conducted electronically or over the internet. This new era of commerce has transformed traditional business models and created unprecedented opportunities for innovation and growth. The digital economy is characterized by fast-paced technological advancements, data-driven decision-making, and increased connectivity among individuals and businesses worldwide. As more industries embrace digitalization, the digital economy is reshaping the way we work, communicate, and engage with information, leading to a more interconnected and efficient global marketplace.
What does e-commerce stand for?
A) Electronic Commerce B) Exclusive Commerce C) Efficient Commerce D) Economic Commerce
- 2. What is the term for a decentralized digital ledger used for recording transactions?
A) Blockchain B) AI C) Social Media D) Cloud Computing
- 3. Which technology is used to protect sensitive information in the digital economy?
A) Public Key B) Open Source C) Decryption D) Encryption
- 4. What is the practice of tailoring products and services to individual customer needs?
A) Personalization B) Standardization C) Mass Production D) Generalization
- 5. What concept refers to the connection of various devices and sensors to the internet?
A) Internet of Animals B) Internet of People C) Internet of Computers D) Internet of Things (IoT)
- 6. What does API stand for in the context of the digital economy?
A) Automated Process Integration B) Artificial Program Interaction C) Advanced Product Interface D) Application Programming Interface
- 7. What is the main benefit of cloud computing in the digital economy?
A) Scalability B) Stagnation C) Isolation D) Complexity
- 8. What platform enables individuals to create and share content online?
A) Print Media B) Broadcast Media C) Mainstream Media D) Social Media
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