Question 1

Analysts predict that B2B e-commerce in the United States will grow by 2019 to approximately:

Accepted Answer

A) $8.6 billion. 
B) $86 billion. 
C) $860 billion. 
D) $8.6 trillion. 
A) $8.6 billion. 
B) $86 billion. 
C) $860 billion. 
D) $8.6 trillion.

Question 2

Which of the following statements about cloud-based B2B systems is not true?

Accepted Answer

A) Much of the expense of the system is shifted from the B2B network provider to the firm. 
B) B2B network providers charge customers on a demand basis. 
C) Network effects apply, enabling the spreading of costs. 
D) Cloud-based B2B data networks can be implemented in short periods of time. 
A) Much of the expense of the system is shifted from the B2B network provider to the firm. 
B) B2B network providers charge customers on a demand basis. 
C) Network effects apply, enabling the spreading of costs. 
D) Cloud-based B2B data networks can be implemented in short periods of time.

Question 3

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

Accepted Answer

Supply chain visibility refers to the ab

Question 4

________ 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

A) SCM 
B) Social e-commerce 
C) EDI 
D) Collaborative commerce 
A) SCM 
B) Social e-commerce 
C) EDI 
D) Collaborative commerce

Question 5

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

Accepted Answer

A) True 
 B)False

Question 6

Purchasing managers are the key players in the procurement process.

Accepted Answer

A) True 
 B)False

Question 7

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.

Question 8

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 9

E-distributors operate in vertical markets.

Accepted Answer

A) True 
 B)False

Question 10

Collaborative commerce systems:

Accepted Answer

A) focus on structuring intra-firm communications. 
B) bring customers into the product development phase. 
C) provide open, competitive marketplaces. 
D) foster sharing sensitive internal information with suppliers and purchasers. 
A) focus on structuring intra-firm communications. 
B) bring customers into the product development phase. 
C) provide open, competitive marketplaces. 
D) foster sharing sensitive internal information with suppliers and purchasers.

Question 11

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 12

What services do e-procurement Net marketplaces provide?

Accepted Answer

E-procurement Net marketplace services i

Question 13

Which of the following statements is not true?

Accepted Answer

A) The Volkswagen Group manages almost all of its procurement needs via the Internet. 
B) VWGroupSupply.com is an industry consortium. 
C) VWGroupSupply can be accessed by suppliers via standard Web browser software and mobile devices. 
D) The Volkswagen Group developed VWGroupSupply using technology from a number of vendors. 
A) The Volkswagen Group manages almost all of its procurement needs via the Internet. 
B) VWGroupSupply.com is an industry consortium. 
C) VWGroupSupply can be accessed by suppliers via standard Web browser software and mobile devices. 
D) The Volkswagen Group developed VWGroupSupply using technology from a number of vendors.

Question 14

An ________ is an independently owned, online marketplace that connects hundreds to potentially thousands of suppliers and buyers in a dynamic, real-time environment.

Accepted Answer

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

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

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 17

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 18

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 19

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. 
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.

Question 20

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.

Analysts predict that B2B e-commerce in the United States will grow by 2019 to approximately:

Which of the following statements about cloud-based B2B systems is not true?

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

________ 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.

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

Purchasing managers are the key players in the procurement process.

Automated order entry systems:

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.

E-distributors operate in vertical markets.

Collaborative commerce systems:

Which of the following primarily deal with indirect goods?

What services do e-procurement Net marketplaces provide?

Which of the following statements is not true?

An ________ is an independently owned, online marketplace that connects hundreds to potentially thousands of suppliers and buyers in a dynamic, real-time environment.

Which of the following primarily serve horizontal markets?

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

E-distributors:

Which of the following primarily deal with direct goods?

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

Which of the following statements about EDI systems is true?

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: Web Sites, 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 by 2019 to approximately:

Which of the following statements about cloud-based B2B systems is not true?

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

________ 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.

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

Purchasing managers are the key players in the procurement process.

Automated order entry systems:

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.

E-distributors operate in vertical markets.

Collaborative commerce systems:

Which of the following primarily deal with indirect goods?

What services do e-procurement Net marketplaces provide?

Which of the following statements is not true?

An ________ is an independently owned, online marketplace that connects hundreds to potentially thousands of suppliers and buyers in a dynamic, real-time environment.

Which of the following primarily serve horizontal markets?

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

E-distributors:

Which of the following primarily deal with direct goods?

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

Which of the following statements about EDI systems is true?

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: Web Sites, 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