Exam 5: Business-To-Business Activities: Improving Efficiency and Reducing Costs
Exam 1: Introduction to Electronic Commerce80 Questions
Exam 2: Technology Infrastructure: the Internet and the World Wide Web80 Questions
Exam 3: Selling on the Web80 Questions
Exam 4: Marketing on the Web80 Questions
Exam 5: Business-To-Business Activities: Improving Efficiency and Reducing Costs80 Questions
Exam 6: Social Networking, Mobile Commerce, and Online Auctions80 Questions
Exam 7: The Environment of Electronic Commerce: Legal, Ethical, and Tax Issues80 Questions
Exam 8: Web Server Hardware and Software80 Questions
Exam 9: Electronic Commerce Software80 Questions
Exam 10: Electronic Commerce Security80 Questions
Exam 11: Payment Systems for Electronic Commerce80 Questions
Exam 12: Planning for Electronic Commerce80 Questions
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What is the difference between indirect connection EDI and direct connection EDI?
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(Essay)
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Correct Answer:
Direct connection EDI requires each business in the network to operate its own on-site EDI translator computer.These EDI translator computers are then connected directly to each other using modems and dial-up telephone lines or dedicated leased lines.With an indirect connection, the trading partners pass messages through the VAN instead of connecting their computers directly to each other.
____________________ prevents either party from denying the transaction's validity or existence.
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(Short Answer)
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Correct Answer:
Nonrepudiation
Because of advances in computer technology, most businesses do not need to buy office supplies or the services of freight and transportation companies.
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(True/False)
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Correct Answer:
False
An important characteristic of purchasing, logistics, and support activities is flexibility.
(True/False)
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A(n)____________________ has a password-protected entrance and offers negotiated price reductions on a limited selection of products-usually those that the customer has agreed to purchase in certain minimum quantities.
(Short Answer)
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One trend that is becoming clear in purchasing, logistics, and support activities is the shift away from hierarchical structures toward ____ structures.
(Multiple Choice)
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Direct materials that companies buy on a recurring basis are MRO supplies.
(True/False)
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By coordinating the efforts of supply chain participants, firms that engage in supply chain management are reaching beyond the limits of their own organization's hierarchical structure and creating a new network form of organization among the members of the supply chain.
(True/False)
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In ____________________ purchasing, the company negotiates long-term contracts for most of the materials it will need.
(Short Answer)
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____________________ are the names of the formats for specific business data interchanges.
(Short Answer)
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____________________ materials include factory supplies, such as sandpaper, hand tools, and replacement parts for manufacturing machinery.
(Short Answer)
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Because EDI transactions are business contracts and often involve large amounts of money, the existence of an independent audit log helps establish ____.
(Multiple Choice)
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The long-term relationships that are created among participants in the supply chain are called ____.
(Multiple Choice)
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By engaging competitors in cooperative, long-term relationships, companies have found that they can work together with these competitors to identify new ways to provide their own customers with faster, cheaper, and better services.
(True/False)
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The roots of Web technology for business-to-business transactions lie in a hierarchically structured approach to inter-firm information transfer called ____.
(Multiple Choice)
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EDI was the first form of electronic commerce to be widely used in business.
(True/False)
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____ generally includes all purchasing activities, plus the monitoring of all elements of purchase transactions.
(Multiple Choice)
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____ activities include managing the inbound movements of materials and supplies and the outbound movements of finished goods and services.
(Multiple Choice)
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The use of Internet technologies in procurement activities is called ____________________.
(Short Answer)
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