Question 1

Walmart is the largest purchaser of consumer goods in the world.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following primarily deal with direct goods?

Accepted Answer

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

Question 3

Which of the following primarily deal with indirect goods?

Accepted Answer

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

Question 4

What services do e-procurement Net marketplaces provide?

Accepted Answer

E-procurement Net marketplace services i

Question 5

Which of the following primarily serve horizontal markets?

Accepted Answer

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

Question 6

B2B e-commerce websites:

Accepted Answer

A) are a predecessor of industry consortia. 
B) tend to serve horizontal markets. 
C) are buyer-side solutions. 
D) are considered a type of EDI system. 
A) are a predecessor of industry consortia. 
B) tend to serve horizontal markets. 
C) are buyer-side solutions. 
D) are considered a type of EDI system.

Question 7

An ________ primarily serves businesses that buy indirect goods on a spot 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 8

A(n)________ market is one that provides expertise and products for a specific industry (i.e. , automobiles).

Accepted Answer

A) vertical 
B) horizontal 
C) indirect 
D) buyer-biased 
A) vertical 
B) horizontal 
C) indirect 
D) buyer-biased

Question 9

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 10

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

Accepted Answer

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

Question 11

Which of the following is a method of inventory cost management that seeks to eliminate excess inventory?

Accepted Answer

A) lean production 
B) sustainable production 
C) just-in-time production 
D) supply chain simplification 
A) lean production 
B) sustainable production 
C) just-in-time production 
D) supply chain simplification

Question 12

________ purchasing involves the purchase of goods based on immediate needs in larger marketplaces that involve many suppliers.

Accepted Answer

A) Spot 
B) Indirect 
C) Vertical 
D) Bulk 
A) Spot 
B) Indirect 
C) Vertical 
D) Bulk

Question 13

Collaborative commerce can be accomplished using EDI.

Accepted Answer

A) True 
 B)False

Question 14

The last step in the procurement process is:

Accepted Answer

A) sending a remittance payment. 
B) sending the invoice. 
C) shipping the goods. 
D) delivering the goods. 
A) sending a remittance payment. 
B) sending the invoice. 
C) shipping the goods. 
D) delivering the goods.

Question 15

E-distributors:

Accepted Answer

A) make money by charging a mark-up on products they distribute. 
B) usually operate "private" markets. 
C) operate in vertical markets. 
D) focus on selling direct products. 
A) make money by charging a mark-up on products they distribute. 
B) usually operate "private" markets. 
C) operate in vertical markets. 
D) focus on selling direct products.

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

An ________ primarily serves businesses that primarily buy direct goods on a spot 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 18

Why is B2B e-commerce seen as a potential revenue source for B2B firms?

Accepted Answer

B2B e-commerce shows promise because pur

Question 19

Which of the following is the fastest growing form of B2B e-commerce?

Accepted Answer

A) e-distributors 
B) exchanges 
C) private industrial networks 
D) industry consortiums 
A) e-distributors 
B) exchanges 
C) private industrial networks 
D) industry consortiums

Question 20

How are social networks being used in B2B e-commerce?

Accepted Answer

In B2B e-commerce, social networks are b

Walmart is the largest purchaser of consumer goods in the world.

Which of the following primarily deal with direct goods?

Which of the following primarily deal with indirect goods?

What services do e-procurement Net marketplaces provide?

Which of the following primarily serve horizontal markets?

B2B e-commerce websites:

An ________ primarily serves businesses that buy indirect goods on a spot purchasing basis.

A(n)________ market is one that provides expertise and products for a specific industry (i.e. , automobiles).

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

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

Which of the following is a method of inventory cost management that seeks to eliminate excess inventory?

________ purchasing involves the purchase of goods based on immediate needs in larger marketplaces that involve many suppliers.

Collaborative commerce can be accomplished using EDI.

The last step in the procurement process is:

E-distributors:

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

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

Why is B2B e-commerce seen as a potential revenue source for B2B firms?

Which of the following is the fastest growing form of B2B e-commerce?

How are social networks being used in B2B e-commerce?

The Revolution Is Just Beginning

E-Commerce Business Models and Concepts

E-Commerce Infrastructure: the Internet, Web, and Mobile Platform

Building an E-Commerce Presence: Websites, Mobile Sites, and Apps

E-Commerce Security and Payment Systems

E-Commerce Marketing and Advertising Concepts

Social Mobile and Local Marketing

Ethical Social and Political Issues in E-Commerce

Online Retailing and Services

Online Content and Media

Social Networks, Auctions, and Portals

Filters

Exam 12: B2b E-Commerce: Supply Chain Management and Collaborative Commerce

Walmart is the largest purchaser of consumer goods in the world.

Which of the following primarily deal with direct goods?

Which of the following primarily deal with indirect goods?

What services do e-procurement Net marketplaces provide?

Which of the following primarily serve horizontal markets?

B2B e-commerce websites:

An ________ primarily serves businesses that buy indirect goods on a spot purchasing basis.

A(n)________ market is one that provides expertise and products for a specific industry (i.e. , automobiles).

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

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

Which of the following is a method of inventory cost management that seeks to eliminate excess inventory?

________ purchasing involves the purchase of goods based on immediate needs in larger marketplaces that involve many suppliers.

Collaborative commerce can be accomplished using EDI.

The last step in the procurement process is:

E-distributors:

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

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

Why is B2B e-commerce seen as a potential revenue source for B2B firms?

Which of the following is the fastest growing form of B2B e-commerce?

How are social networks being used in B2B e-commerce?

The Revolution Is Just Beginning

E-Commerce Business Models and Concepts

E-Commerce Infrastructure: the Internet, Web, and Mobile Platform

Building an E-Commerce Presence: Websites, Mobile Sites, and Apps

E-Commerce Security and Payment Systems

E-Commerce Marketing and Advertising Concepts

Social Mobile and Local Marketing

Ethical Social and Political Issues in E-Commerce

Online Retailing and Services

Online Content and Media

Social Networks, Auctions, and Portals

Filters