Exam 5: Business-To-Business Activities: Improving Efficiency and Reducing Costs

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

What is the difference between indirect connection EDI and direct connection EDI?

Free
(Essay)
4.8/5
(36)
Correct Answer:
Verified

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.

Free
(Short Answer)
4.9/5
(30)
Correct Answer:
Verified

Nonrepudiation

Because of advances in computer technology, most businesses do not need to buy office supplies or the services of freight and transportation companies.

Free
(True/False)
5.0/5
(36)
Correct Answer:
Verified

False

An important characteristic of purchasing, logistics, and support activities is flexibility.

(True/False)
4.8/5
(34)

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)
4.9/5
(40)

One trend that is becoming clear in purchasing, logistics, and support activities is the shift away from hierarchical structures toward ____ structures.

(Multiple Choice)
4.9/5
(32)

Direct materials that companies buy on a recurring basis are MRO supplies.

(True/False)
4.8/5
(35)

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)
4.8/5
(41)

In ____________________ purchasing, the company negotiates long-term contracts for most of the materials it will need.

(Short Answer)
4.9/5
(30)

____________________ are the names of the formats for specific business data interchanges.

(Short Answer)
4.8/5
(37)

____________________ materials include factory supplies, such as sandpaper, hand tools, and replacement parts for manufacturing machinery.

(Short Answer)
4.7/5
(28)

Because EDI transactions are business contracts and often involve large amounts of money, the existence of an independent audit log helps establish ____.

(Multiple Choice)
4.9/5
(28)

The long-term relationships that are created among participants in the supply chain are called ____.

(Multiple Choice)
4.8/5
(36)

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)
4.8/5
(36)

EDI on the Internet is also called ____.

(Multiple Choice)
4.9/5
(26)

The roots of Web technology for business-to-business transactions lie in a hierarchically structured approach to inter-firm information transfer called ____.

(Multiple Choice)
4.9/5
(36)

EDI was the first form of electronic commerce to be widely used in business.

(True/False)
4.7/5
(36)

____ generally includes all purchasing activities, plus the monitoring of all elements of purchase transactions.

(Multiple Choice)
4.9/5
(34)

____ activities include managing the inbound movements of materials and supplies and the outbound movements of finished goods and services.

(Multiple Choice)
4.9/5
(42)

The use of Internet technologies in procurement activities is called ____________________.

(Short Answer)
4.8/5
(32)
Showing 1 - 20 of 80
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)