Question 1

Operating on a global scale is one objective of private industrial networks.

Accepted Answer

A) True 
 B)False

Question 2

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

Accepted Answer

In B2B e-commerce, social networks are b

Question 3

All of the following have led to the development of outsourcing of manufacturing around the world except:

Accepted Answer

A)  technology. 
B)  globalization of trade. 
C)  environmental concerns. 
D)  high levels of wage disparity between the developed and undeveloped worlds. 
A)  technology. 
B)  globalization of trade. 
C)  environmental concerns. 
D)  high levels of wage disparity between the developed and undeveloped worlds.

Question 4

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 5

________ is an example of an e-procurement Net marketplace.

Accepted Answer

A)  McMaster-Carr 
B)  Ariba 
C)  Amazon Business 
D)  SupplyOn 
A)  McMaster-Carr 
B)  Ariba 
C)  Amazon Business 
D)  SupplyOn

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

Which of the following was 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 8

E-distributors are sometimes referred to as many-to-one markets, many sellers serving one firm.

Accepted Answer

A) True 
 B)False

Question 9

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 10

Private industrial networks are direct descendants of:

Accepted Answer

A)  e-procurement Net marketplaces. 
B)  existing EDI networks. 
C)  independent exchanges. 
D)  industry consortia. 
A)  e-procurement Net marketplaces. 
B)  existing EDI networks. 
C)  independent exchanges. 
D)  industry consortia.

Question 11

Which of the following statements about Walmart's Global Replenishment System (GRS) is not true?

Accepted Answer

A)  GRS is an online analytics package. 
B)  GRS is a just-in-time inventory management system. 
C)  GRS is predictive, not just reflective, of past sales. 
D)  GRS is based on past point-of-sale data. 
A)  GRS is an online analytics package. 
B)  GRS is a just-in-time inventory management system. 
C)  GRS is predictive, not just reflective, of past sales. 
D)  GRS is based on past point-of-sale data.

Question 12

An ________ provides an online catalog that represents the products of thousands of direct manufacturers.

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 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

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 15

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 16

In 2018, which of the following accounted for the smallest amount of B2B commerce?

Accepted Answer

A)  EDI 
B)  private industrial networks 
C)  Net marketplaces 
D)  traditional B2B 
A)  EDI 
B)  private industrial networks 
C)  Net marketplaces 
D)  traditional B2B

Question 17

The Seam is an example of an:

Accepted Answer

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

Question 18

Highly centralized supply chains produce higher short-term costs, but also lower long-term risk protection.

Accepted Answer

A) True 
 B)False

Question 19

Exchanges are used for spot purchasing of MRO supplies.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following terms refers to the links that connect business firms with one another to coordinate production?

Accepted Answer

A)  supply chain 
B)  B2B e-commerce 
C)  vertical market 
D)  horizontal market 
A)  supply chain 
B)  B2B e-commerce 
C)  vertical market 
D)  horizontal market

Operating on a global scale is one objective of private industrial networks.

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

All of the following have led to the development of outsourcing of manufacturing around the world except:

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

________ is an example of an e-procurement Net marketplace.

All of the following are weaknesses of EDI except:

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

E-distributors are sometimes referred to as many-to-one markets, many sellers serving one firm.

The last step in the procurement process is:

Private industrial networks are direct descendants of:

Which of the following statements about Walmart's Global Replenishment System (GRS) is not true?

An ________ provides an online catalog that represents the products of thousands of direct manufacturers.

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.

EDI began as a(n) ________ system.

Which of the following primarily serve horizontal markets?

In 2018, which of the following accounted for the smallest amount of B2B commerce?

The Seam is an example of an:

Highly centralized supply chains produce higher short-term costs, but also lower long-term risk protection.

Exchanges are used for spot purchasing of MRO supplies.

Which of the following terms refers to the links that connect business firms with one another to coordinate production?

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

Operating on a global scale is one objective of private industrial networks.

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

All of the following have led to the development of outsourcing of manufacturing around the world except:

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

________ is an example of an e-procurement Net marketplace.

All of the following are weaknesses of EDI except:

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

E-distributors are sometimes referred to as many-to-one markets, many sellers serving one firm.

The last step in the procurement process is:

Private industrial networks are direct descendants of:

Which of the following statements about Walmart's Global Replenishment System (GRS) is not true?

An ________ provides an online catalog that represents the products of thousands of direct manufacturers.

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.

EDI began as a(n) ________ system.

Which of the following primarily serve horizontal markets?

In 2018, which of the following accounted for the smallest amount of B2B commerce?

The Seam is an example of an:

Highly centralized supply chains produce higher short-term costs, but also lower long-term risk protection.

Exchanges are used for spot purchasing of MRO supplies.

Which of the following terms refers to the links that connect business firms with one another to coordinate production?

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