Question 1

Purchasing managers are the key players in the procurement process.

Accepted Answer

A) True 
 B)False  True

Question 2

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

Accepted Answer

The term supply chain visibility refers to the ability of a firm to monitor the output of its first and second tier suppliers,track and manage supplier orders,and manage transportation and logistics suppliers who are moving the products.When a supply chain is visible,you know when suppliers' products will arrive and you have accurate tracking of your goods.The benefit of a visible supply chain is that the firm can produce accurate production schedules and develop more accurate financial forecasts.

Question 3

Lean production is an extension of just-in-time production methods.

Accepted Answer

A) True 
 B)False  True

Question 4

________________ was/were the first step in the development of B2B e-commerce.

Accepted Answer

A) Electronic Data Interchange (EDI) 
B) Automated order entry systems 
C) Computerized inventory databases 
D) Digital invoices 
A) Electronic Data Interchange (EDI) 
B) Automated order entry systems 
C) Computerized inventory databases 
D) Digital invoices

Question 5

Exchanges are closely tied to ERP systems used by large firms.

Accepted Answer

A) True 
 B)False

Question 6

All of the following are weaknesses of EDI except:

Accepted Answer

A) EDI is not well suited for electronic marketplaces. 
B) EDI lacks universal standards. 
C) EDI does not provide a real-time communication environment. 
D) EDI does not scale easily. 
A) EDI is not well suited for electronic marketplaces. 
B) EDI lacks universal standards. 
C) EDI does not provide a real-time communication environment. 
D) EDI does not scale easily.

Question 7

Electronic Data Interchange (EDI)began as a(n)________ system.

Accepted Answer

A) document automation 
B) document exchange 
C) invoice generation 
D) MRP 
A) document automation 
B) document exchange 
C) invoice generation 
D) MRP

Question 8

Private industrial networks are usually owned collectively by the major firms participating in the network,while exchanges usually are created by a single sponsoring company.

Accepted Answer

A) True 
 B)False

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

All of the following are important trends in B2B e-commerce in 2016-2017,except:

Accepted Answer

A) the growing emphasis on obtaining real-time data. 
B) growing emphasis on lowest cost supply chains. 
C) generation and management of huge big data repositories. 
D) an increase in regional manufacturing and supply chains. 
A) the growing emphasis on obtaining real-time data. 
B) growing emphasis on lowest cost supply chains. 
C) generation and management of huge big data repositories. 
D) an increase in regional manufacturing and supply chains.

Question 11

Collaborative commerce has a much broader mission than EDI.

Accepted Answer

A) True 
 B)False

Question 12

__________________ is an example of an e-distributor.

Accepted Answer

A) Amazon Business 
B) PowerSource Online 
C) SupplyOn 
D) Elemica 
A) Amazon Business 
B) PowerSource Online 
C) SupplyOn 
D) Elemica

Question 13

A(n)________ system continuously links the activities of buying,making,and moving products from suppliers to purchasing firms,as well as integrating order entry systems.

Accepted Answer

A) EDI 
B) ERP 
C) CPFR 
D) SCM 
A) EDI 
B) ERP 
C) CPFR 
D) SCM

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

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 16

Industry consortia are more focused on optimizing long-term relationships than independent exchanges,which tend to focus more on short-term purchasing relationships.

Accepted Answer

A) True 
 B)False

Question 17

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

Accepted Answer

In B2B e-commerce,social networks are be

Question 18

Highly centralized supply chains provide lower short-term costs,but higher,longer-term risk protection.

Accepted Answer

A) True 
 B)False

Question 19

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 20

All of the following are forms of collaboration among businesses except:

Accepted Answer

A) RFQs. 
B) CPFR. 
C) demand chain visibility. 
D) marketing coordination and product design. 
A) RFQs. 
B) CPFR. 
C) demand chain visibility. 
D) marketing coordination and product design.

Purchasing managers are the key players in the procurement process.

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

Lean production is an extension of just-in-time production methods.

________________ was/were the first step in the development of B2B e-commerce.

Exchanges are closely tied to ERP systems used by large firms.

All of the following are weaknesses of EDI except:

Electronic Data Interchange (EDI)began as a(n)________ system.

Private industrial networks are usually owned collectively by the major firms participating in the network,while exchanges usually are created by a single sponsoring company.

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

All of the following are important trends in B2B e-commerce in 2016-2017,except:

Collaborative commerce has a much broader mission than EDI.

__________________ is an example of an e-distributor.

A(n)________ system continuously links the activities of buying,making,and moving products from suppliers to purchasing firms,as well as integrating order entry systems.

Which of the following statements about EDI systems is true?

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

Industry consortia are more focused on optimizing long-term relationships than independent exchanges,which tend to focus more on short-term purchasing relationships.

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

Highly centralized supply chains provide lower short-term costs,but higher,longer-term risk protection.

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

All of the following are forms of collaboration among businesses except:

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 Retail and Services

Online Content and Media

Social Networks, auctions, and Portals

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

Purchasing managers are the key players in the procurement process.

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

Lean production is an extension of just-in-time production methods.

________________ was/were the first step in the development of B2B e-commerce.

Exchanges are closely tied to ERP systems used by large firms.

All of the following are weaknesses of EDI except:

Electronic Data Interchange (EDI)began as a(n)________ system.

Private industrial networks are usually owned collectively by the major firms participating in the network,while exchanges usually are created by a single sponsoring company.

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

All of the following are important trends in B2B e-commerce in 2016-2017,except:

Collaborative commerce has a much broader mission than EDI.

__________________ is an example of an e-distributor.

A(n)________ system continuously links the activities of buying,making,and moving products from suppliers to purchasing firms,as well as integrating order entry systems.

Which of the following statements about EDI systems is true?

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

Industry consortia are more focused on optimizing long-term relationships than independent exchanges,which tend to focus more on short-term purchasing relationships.

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

Highly centralized supply chains provide lower short-term costs,but higher,longer-term risk protection.

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

All of the following are forms of collaboration among businesses except:

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 Retail and Services

Online Content and Media

Social Networks, auctions, and Portals

Filters