Question 1

Which of the following is another name for a private industrial network?

Accepted Answer

A)  industry consortia 
B)  EDI system 
C)  PTX 
D)  net marketplace 
A)  industry consortia 
B)  EDI system 
C)  PTX 
D)  net marketplace

Question 2

Office supplies are an example of:

Accepted Answer

A)  direct goods. 
B)  indirect goods. 
C)  MRO goods. 
D)  distributed goods. 
A)  direct goods. 
B)  indirect goods. 
C)  MRO goods. 
D)  distributed goods.

Question 3

All of the following are examples of direct goods in the auto industry except:

Accepted Answer

A)  sheet steel. 
B)  shatter-resistant glass. 
C)  rubber molding. 
D)  desktop computers. 
A)  sheet steel. 
B)  shatter-resistant glass. 
C)  rubber molding. 
D)  desktop computers.

Question 4

________ is a method for ensuring that suppliers precisely deliver ordered parts at a specific time and to a particular location.

Accepted Answer

A)  Having an adaptive supply chain 
B)  Tight coupling 
C)  Supply-chain management 
D)  Materials requirement planning 
A)  Having an adaptive supply chain 
B)  Tight coupling 
C)  Supply-chain management 
D)  Materials requirement planning

Question 5

All of the following are major trends in B2B e-commerce in 2018-2019, except:

Accepted Answer

A)  a movement toward implementing highly centralized supply chains to reduce risk. 
B)  a growing emphasis on the use of business analytics software (business intelligence) to understand very large data sets. 
C)  a growing emphasis on rapid-response and adaptive supply chains rather than lowest-cost supply chains. 
D)  an increase in regional manufacturing and supply chains to attempt to combat the risks of far-flung global networks. 
A)  a movement toward implementing highly centralized supply chains to reduce risk. 
B)  a growing emphasis on the use of business analytics software (business intelligence) to understand very large data sets. 
C)  a growing emphasis on rapid-response and adaptive supply chains rather than lowest-cost supply chains. 
D)  an increase in regional manufacturing and supply chains to attempt to combat the risks of far-flung global networks.

Question 6

What is the difference between accountable and sustainable supply chains?

Accepted Answer

Accountable supply chains provide inform

Question 7

Trans-organizational business processes require _______ to perform.

Accepted Answer

A)  one firm 
B)  two independent firms 
C)  three independent firms 
D)  at least ten firms 
A)  one firm 
B)  two independent firms 
C)  three independent firms 
D)  at least ten firms

Question 8

An ________ serves businesses that primarily buy direct goods on a contract purchasing basis.

Accepted Answer

A)  e-distributor 
B)  e-procurement company 
C)  exchange 
D)  industry consortium 
A)  e-distributor 
B)  e-procurement company 
C)  exchange 
D)  industry consortium

Question 9

Define and discuss the terms B2B commerce, B2B e-commerce, and supply chains in the context of the history and significance of B2B e-commerce.

Accepted Answer

Before the Internet, business-to-busines

Question 10

Purchasing managers are key players in the procurement process.

Accepted Answer

A) True 
 B)False

Question 11

An ________ is an independently owned, online marketplace that connects hundreds to potentially thousands of suppliers and buyers in a dynamic, real-time environment.

Accepted Answer

A)  exchange 
B)  e-distributor 
C)  e-procurement company 
D)  industry consortium 
A)  exchange 
B)  e-distributor 
C)  e-procurement company 
D)  industry consortium

Question 12

Collaborative commerce systems:

Accepted Answer

A)  focus on structuring intra-firm communications. 
B)  bring customers into the product development phase. 
C)  provide open, competitive marketplaces. 
D)  foster sharing sensitive internal information with suppliers and purchasers. 
A)  focus on structuring intra-firm communications. 
B)  bring customers into the product development phase. 
C)  provide open, competitive marketplaces. 
D)  foster sharing sensitive internal information with suppliers and purchasers.

Question 13

A(n) ________ supply chain is one in which the labor conditions in low-wage, underdeveloped producer countries are visible and morally acceptable to ultimate consumers in more developed industrial societies.

Accepted Answer

A)  sustainable 
B)  ethical 
C)  lean 
D)  accountable 
A)  sustainable 
B)  ethical 
C)  lean 
D)  accountable

Question 14

Which of the following statements about EDI systems is true?

Accepted Answer

A)  They typically serve vertical markets. 
B)  They are seller-side solutions. 
C)  They evolved from private trading exchanges. 
D)  They still play an important role in B2C commerce. 
A)  They typically serve vertical markets. 
B)  They are seller-side solutions. 
C)  They evolved from private trading exchanges. 
D)  They still play an important role in B2C commerce.

Question 15

Tight coupling seeks to reduce excess inventory to a bare minimum.

Accepted Answer

A) True 
 B)False

Question 16

What does the term supply chain visibility refer to and what benefits does it bring?

Accepted Answer

The term supply chain visibility refers

Question 17

EDI document structures are defined by:

Accepted Answer

A)  a single international standards body. 
B)  individual suppliers and buyers. 
C)  industry committees. 
D)  each purchaser. 
A)  a single international standards body. 
B)  individual suppliers and buyers. 
C)  industry committees. 
D)  each purchaser.

Question 18

The essential characteristic of ________ is that they bring hundreds to thousands of suppliers into a single Internet-based environment to conduct trade.

Accepted Answer

A)  industry consortia 
B)  exchanges 
C)  Net marketplaces 
D)  horizontal markets 
A)  industry consortia 
B)  exchanges 
C)  Net marketplaces 
D)  horizontal markets

Question 19

Which of the following primarily involve long-term sourcing?

Accepted Answer

A)  e-distributors and exchanges 
B)  e-distributors and industry consortia 
C)  e-procurement Net marketplaces and exchanges 
D)  e-procurement Net marketplaces and industry consortia 
A)  e-distributors and exchanges 
B)  e-distributors and industry consortia 
C)  e-procurement Net marketplaces and exchanges 
D)  e-procurement Net marketplaces and industry consortia

Question 20

Few large firms today have Electronic Data Interchange (EDI) systems.

Accepted Answer

A) True 
 B)False

Which of the following is another name for a private industrial network?

Office supplies are an example of:

All of the following are examples of direct goods in the auto industry except:

________ is a method for ensuring that suppliers precisely deliver ordered parts at a specific time and to a particular location.

All of the following are major trends in B2B e-commerce in 2018-2019, except:

What is the difference between accountable and sustainable supply chains?

Trans-organizational business processes require _______ to perform.

An ________ serves businesses that primarily buy direct goods on a contract purchasing basis.

Define and discuss the terms B2B commerce, B2B e-commerce, and supply chains in the context of the history and significance of B2B e-commerce.

Purchasing managers are key players in the procurement process.

An ________ is an independently owned, online marketplace that connects hundreds to potentially thousands of suppliers and buyers in a dynamic, real-time environment.

Collaborative commerce systems:

A(n) ________ supply chain is one in which the labor conditions in low-wage, underdeveloped producer countries are visible and morally acceptable to ultimate consumers in more developed industrial societies.

Which of the following statements about EDI systems is true?

Tight coupling seeks to reduce excess inventory to a bare minimum.

What does the term supply chain visibility refer to and what benefits does it bring?

EDI document structures are defined by:

The essential characteristic of ________ is that they bring hundreds to thousands of suppliers into a single Internet-based environment to conduct trade.

Which of the following primarily involve long-term sourcing?

Few large firms today have Electronic Data Interchange (EDI) systems.

Introduction to E-Commerce

E-Commerce Infrastructure

Building an E-Commerce Presence

E-Commerce Security and Payment Systems

E-Commerce Business Strategies

E-Commerce Marketing and Advertising

Social, Mobile, and Local Marketing

Ethics, Law, and E-Commerce

Online Media

Online Communities

E-Commerce Retail and Services

Filters

Exam 12: B2b E-Commerce

Which of the following is another name for a private industrial network?

Office supplies are an example of:

All of the following are examples of direct goods in the auto industry except:

________ is a method for ensuring that suppliers precisely deliver ordered parts at a specific time and to a particular location.

All of the following are major trends in B2B e-commerce in 2018-2019, except:

What is the difference between accountable and sustainable supply chains?

Trans-organizational business processes require _______ to perform.

An ________ serves businesses that primarily buy direct goods on a contract purchasing basis.

Define and discuss the terms B2B commerce, B2B e-commerce, and supply chains in the context of the history and significance of B2B e-commerce.

Purchasing managers are key players in the procurement process.

An ________ is an independently owned, online marketplace that connects hundreds to potentially thousands of suppliers and buyers in a dynamic, real-time environment.

Collaborative commerce systems:

A(n) ________ supply chain is one in which the labor conditions in low-wage, underdeveloped producer countries are visible and morally acceptable to ultimate consumers in more developed industrial societies.

Which of the following statements about EDI systems is true?

Tight coupling seeks to reduce excess inventory to a bare minimum.

What does the term supply chain visibility refer to and what benefits does it bring?

EDI document structures are defined by:

The essential characteristic of ________ is that they bring hundreds to thousands of suppliers into a single Internet-based environment to conduct trade.

Which of the following primarily involve long-term sourcing?

Few large firms today have Electronic Data Interchange (EDI) systems.

Introduction to E-Commerce

E-Commerce Infrastructure

Building an E-Commerce Presence

E-Commerce Security and Payment Systems

E-Commerce Business Strategies

E-Commerce Marketing and Advertising

Social, Mobile, and Local Marketing

Ethics, Law, and E-Commerce

Online Media

Online Communities

E-Commerce Retail and Services

Filters