Question 1

Analysts predict that B2B e-commerce in the United States will grow to approximately ________ by 2021.

Accepted Answer

A) $7.6 billion 
B) $76 billion 
C) $760 billion 
D) $7.6 trillion 
A) $7.6 billion 
B) $76 billion 
C) $760 billion 
D) $7.6 trillion

Question 2

All of the following are important trends in B2B e-commerce in 2017-2018, except:

Accepted Answer

A) the growing emphasis on obtaining real-time data. 
B) the migration of B2B hardware and software to cloud computing and cloud apps. 
C) a decline in the number of Net marketplaces. 
D) the increasing use of social network platforms. 
A) the growing emphasis on obtaining real-time data. 
B) the migration of B2B hardware and software to cloud computing and cloud apps. 
C) a decline in the number of Net marketplaces. 
D) the increasing use of social network platforms.

Question 3

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 4

What is the difference between accountable and sustainable supply chains?

Accepted Answer

Accountable supply chains provide inform

Question 5

E-distributors operate in horizontal markets.

Accepted Answer

A) True 
 B)False

Question 6

TheSeam 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 7

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 8

Operating on a global scale is one goal of collaborative commerce.

Accepted Answer

A) True 
 B)False

Question 9

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 10

What is the first step in the procurement process?

Accepted Answer

A) negotiate price 
B) qualify the seller and its products 
C) issue a purchase order 
D) search for suppliers 
A) negotiate price 
B) qualify the seller and its products 
C) issue a purchase order 
D) search for suppliers

Question 11

B2B e-commerce websites tend to serve horizontal markets.

Accepted Answer

A) True 
 B)False

Question 12

Supply chain ________ refers to differentiating a firm's products or prices on the basis of superior supply chain management.

Accepted Answer

A) management 
B) simplification 
C) competition 
D) collaboration 
A) management 
B) simplification 
C) competition 
D) collaboration

Question 13

________ production is a set of production methods that focuses on the elimination of waste throughout the customer value chain.

Accepted Answer

A) Green 
B) Sustainable 
C) Lean 
D) Just-in-time 
A) Green 
B) Sustainable 
C) Lean 
D) Just-in-time

Question 14

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 15

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 16

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 17

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 18

The term BYOD refers to employees:

Accepted Answer

A) working from home. 
B) being allowed or encouraged to their own mobile devices and laptops. 
C) using mobile devices for work. 
D) bringing work devices to the home. 
A) working from home. 
B) being allowed or encouraged to their own mobile devices and laptops. 
C) using mobile devices for work. 
D) bringing work devices to the home.

Question 19

________ 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 20

Automated order entry systems:

Accepted Answer

A) show goods from a single seller. 
B) increased the costs of inventory replenishment. 
C) are typically owned by the purchasing firm. 
D) no longer play an important role in B2B commerce. 
A) show goods from a single seller. 
B) increased the costs of inventory replenishment. 
C) are typically owned by the purchasing firm. 
D) no longer play an important role in B2B commerce.

Analysts predict that B2B e-commerce in the United States will grow to approximately ________ by 2021.

All of the following are important trends in B2B e-commerce in 2017-2018, except:

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

What is the difference between accountable and sustainable supply chains?

E-distributors operate in horizontal markets.

TheSeam is an example of an:

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.

Operating on a global scale is one goal of collaborative commerce.

All of the following are weaknesses of EDI except:

What is the first step in the procurement process?

B2B e-commerce websites tend to serve horizontal markets.

Supply chain ________ refers to differentiating a firm's products or prices on the basis of superior supply chain management.

________ production is a set of production methods that focuses on the elimination of waste throughout the customer value chain.

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

EDI began as a(n)________ system.

Which of the following statements about EDI systems is true?

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

The term BYOD refers to employees:

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

Automated order entry systems:

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

Analysts predict that B2B e-commerce in the United States will grow to approximately ________ by 2021.

All of the following are important trends in B2B e-commerce in 2017-2018, except:

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

What is the difference between accountable and sustainable supply chains?

E-distributors operate in horizontal markets.

TheSeam is an example of an:

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.

Operating on a global scale is one goal of collaborative commerce.

All of the following are weaknesses of EDI except:

What is the first step in the procurement process?

B2B e-commerce websites tend to serve horizontal markets.

Supply chain ________ refers to differentiating a firm's products or prices on the basis of superior supply chain management.

________ production is a set of production methods that focuses on the elimination of waste throughout the customer value chain.

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

EDI began as a(n)________ system.

Which of the following statements about EDI systems is true?

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

The term BYOD refers to employees:

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

Automated order entry systems:

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