Question 1

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 consortiaE) All of the above
F) None of the above

Question 2

Office supplies are an example of:

Accepted Answer

A)   direct goods.
B)   indirect goods.
C)   MRO goods.
D)   distributed goods.E) A) and D)
F) A) and C)

Question 3

All of the following are true about collaborative commerce systems except:

Accepted Answer

A)   They involve a move from a transaction focus to a relationship focus.
B)   They may include both customers and suppliers.
C)   They are open, competitive marketplaces.
D)   They typically include a central data repository.E) B) and C)
F) None of the above

Question 4

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 consortiumE) All of the above
F) C) and D)

Question 5

Which of the following is not a benefit of carving up a single, global B2B platform into product and region-centered systems?

Accepted Answer

A)   lower risk
B)   greater adaptability
C)   lower complexity
D)   lower costE) A) and D)
F) A) and C)

Question 6

None of the following statements about EDI are true except:

Accepted Answer

A)   EDI systems generally serve horizontal markets.
B)   EDI systems are seller-side solutions.
C)   EDI is a communications standard for sharing business documents.
D)   EDI systems no longer play an important role in B2B commerce.E) A) and B)
F) All of the above

Question 7

________ systems are corporate-wide systems that relate to all aspects of production.

Accepted Answer

The answer of ________ systems are corporate-wide systems that relate...

Question 8

________ purchasing involves long-term written agreements to purchase specified products, with agreed-upon terms and quality, for an extended period of time.

Accepted Answer

The answer of ________ purchasing involves long-term written agreements to...

Question 9

All of the following are methods of classifying Net marketplaces except:

Accepted Answer

A)   by technology used.
B)   by pricing mechanism used.
C)   by type of goods sold.
D)   by type of purchasing used.E) C) and D)
F) B) and C)

Question 10

Net marketplaces focus on continuous business process coordination between companies while private industrial networks are primarily transaction-based.

Accepted Answer

A) True 
 B)False

Question 11

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

Accepted Answer

The answer of A(n) ________ market is one that provides...

Question 12

An ________ provides electronic catalogs that represent the products of thousands of direct manufacturers.

Accepted Answer

A)   e-distributor
B)   e-procurement company
C)   exchange
D)   industry consortiumE) C) and D)
F) B) and D)

Question 13

________ 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 planningE) All of the above
F) B) and D)

Question 14

In 2012, the total amount of B2B e-commerce in the United States was approximately:

Accepted Answer

A)   $4.1 billion.
B)   $41 billion.
C)   $410 billion.
D)   $4.1 trillion.E) A) and B)
F) B) and D)

Question 15

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

Accepted Answer

The answer of The essential characteristic of ________ is that...

Question 16

Define and discuss the terms total interfirm trade, B2B commerce, and B2B e-commerce in the context of the history and significance of B2B e-commerce.

Accepted Answer

Before the Internet, business-to-busines...

Question 17

Which of the following is not a characteristic of the use of social networks in B2B e-commerce?

Accepted Answer

A)   It is typically unstructured.
B)   It helps develop a more personal relationship between participants in the supply chain.
C)   It enables participants to make decisions based on current conditions.
D)   They are always private.E) B) and C)
F) A) and B)

Question 18

________ is defined as the use of digital technologies to permit organizations to work together to design, develop, build, and manage products through their life cycles.

Accepted Answer

Collaborat...

Question 19

All of the following statements about e-distributors are true except:

Accepted Answer

A)   e-distributors make money by charging a mark-up on products they distribute.
B)   e-distributors usually operate "private" markets.
C)   e-distributors operate in horizontal markets.
D)   e-distributor prices are usually fixed.E) A) and D)
F) A) and C)

Question 20

Which of the following was the first step in the development of B2B commerce?

Accepted Answer

A)   Electronic Data Interchange (EDI) 
B)   automated order entry systems
C)   digital storefronts
D)   private industrial networksE) A) and B)
F) B) and D)

Exam 12: B2B E-Commerce: Supply Chain Management and Collaborative Commerce

Define and discuss the terms total interfirm trade, B2B commerce, and B2B e-commerce in the context of the history and significance of B2B e-commerce.

Correct AnswerverifiedBefore the Internet, business-to-busines...View AnswerShow Answer

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

Correct AnswerverifiedShow Answer

Office supplies are an example of:

Correct AnswerverifiedShow Answer

All of the following statements about e-distributors are true except:

Correct AnswerverifiedShow Answer

________ systems are corporate-wide systems that relate to all aspects of production.

Correct AnswerverifiedShow Answer

All of the following are methods of classifying Net marketplaces except:

Correct AnswerverifiedShow Answer

Net marketplaces focus on continuous business process coordination between companies while private industrial networks are primarily transaction-based.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Which of the following is not a benefit of carving up a single, global B2B platform into product and region-centered systems?

Correct AnswerverifiedShow Answer

________ purchasing involves long-term written agreements to purchase specified products, with agreed-upon terms and quality, for an extended period of time.

Correct AnswerverifiedShow Answer

Which of the following is not a characteristic of the use of social networks in B2B e-commerce?

Correct AnswerverifiedShow Answer

Which of the following was the first step in the development of B2B commerce?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Which of the following primarily involve long-term sourcing?

Correct AnswerverifiedShow Answer

None of the following statements about EDI are true except:

Correct AnswerverifiedShow Answer

All of the following are true about collaborative commerce systems except:

Correct AnswerverifiedShow Answer

In 2012, the total amount of B2B e-commerce in the United States was approximately:

Correct AnswerverifiedShow Answer

________ is defined as the use of digital technologies to permit organizations to work together to design, develop, build, and manage products through their life cycles.

Correct AnswerverifiedCollaborat...View AnswerShow Answer

An ________ provides electronic catalogs that represent the products of thousands of direct manufacturers.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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Collaborat...
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