Question 1

Intermediaries in B2B commerce that broker transactions between buyers and sellers are third-parties that are either virtual or brick-and-mortar.

Accepted Answer

A) True 
 B)False  True

Question 2

Reverse auctions are one method of electronic procurement that is very popular with public organizations where tendering is usually mandatory.

Accepted Answer

A) True 
 B)False  True

Question 3

Businesses deal with other businesses for purposes beyond just selling or buying.One example is that of collaborative commerce,which includes communication,design,planning,and information sharing among business partners.

Accepted Answer

A) True 
 B)False  True

Question 4

Social networks are used extensively in the B2B marketplace.

Accepted Answer

A) True 
 B)False

Question 5

Loss of customer service quality is a potential risk for buyers in B2B exchanges.

Accepted Answer

A) True 
 B)False

Question 6

Identify five of the seven types of e-procurement.

Accepted Answer

E-sourcing,e-tendering,e-rever

Question 7

B2B e-commerce refers to transactions between businesses that are conducted electronically over the public Internet only.

Accepted Answer

A) True 
 B)False

Question 8

A characteristic that describes customer loyalty to a site that eventually results in higher revenue best defines

Accepted Answer

A)  retention. 
B)  acquisition. 
C)  stickiness. 
D)  attachment. 
A)  retention. 
B)  acquisition. 
C)  stickiness. 
D)  attachment.

Question 9

Portals that store data and enable users to navigate and query these data are

Accepted Answer

A)  collaborative portals. 
B)  information portals. 
C)  mobile portals. 
D)  MRO portals. 
A)  collaborative portals. 
B)  information portals. 
C)  mobile portals. 
D)  MRO portals.

Question 10

In company-centric marketplaces,the individual company has very little control over who participates in selling or buying transactions.

Accepted Answer

A) True 
 B)False

Question 11

A business strategy that focuses on providing comprehensive quality service to business partners best defines

Accepted Answer

A)  customer relationship management. 
B)  supplier relationship management. 
C)  partner relationship management. 
D)  supply chain management. 
A)  customer relationship management. 
B)  supplier relationship management. 
C)  partner relationship management. 
D)  supply chain management.

Question 12

B2B EC marketplaces that involve one seller selling to many buyers is called an exchange.

Accepted Answer

A) True 
 B)False

Question 13

E-procurement limitations and challenges include each of the following except

Accepted Answer

A)  the technology needs to be updated frequently. 
B)  the system may be too complex. 
C)  the cost may be too high. 
D)  the ease of getting suppliers to cooperate electronically. 
A)  the technology needs to be updated frequently. 
B)  the system may be too complex. 
C)  the cost may be too high. 
D)  the ease of getting suppliers to cooperate electronically.

Question 14

A vertical portal is an exchange formed and operated by a group of major companies in an industry to provide industry-wide transaction services.

Accepted Answer

A) True 
 B)False

Question 15

By law,exchanges cannot be owned by a consortium.

Accepted Answer

A) True 
 B)False

Question 16

Direct purchasing from internal marketplaces without the approval of supervisors and without the intervention of a procurement department best defines

Accepted Answer

A)  spot buying. 
B)  desktop purchasing. 
C)  maverick buying. 
D)  renegade purchasing. 
A)  spot buying. 
B)  desktop purchasing. 
C)  maverick buying. 
D)  renegade purchasing.

Question 17

Denver Boards,a B2B manufacturer of snowboard equipment,can reach and target new retail customers in order to grow its online business by

Accepted Answer

A)  hiring an affiliation service to drive traffic to its Web site. 
B)  reviewing POS data. 
C)  mining data. 
D)  advertising in traditional media. 
A)  hiring an affiliation service to drive traffic to its Web site. 
B)  reviewing POS data. 
C)  mining data. 
D)  advertising in traditional media.

Question 18

In one-to-many and many-to-one marketplaces,if all selling is done by one company,it is a buy-side market.

Accepted Answer

A) True 
 B)False

Question 19

The major B2B service industries include each of the following except

Accepted Answer

A)  travel and hospitality services. 
B)  financial services. 
C)  banking and online financing. 
D)  retail. 
A)  travel and hospitality services. 
B)  financial services. 
C)  banking and online financing. 
D)  retail.

Question 20

Types of B2B transactions include

Accepted Answer

A)  strategic sourcing. 
B)  randomized buying. 
C)  intermediation. 
D)  reverse purchasing. 
A)  strategic sourcing. 
B)  randomized buying. 
C)  intermediation. 
D)  reverse purchasing.

Intermediaries in B2B commerce that broker transactions between buyers and sellers are third-parties that are either virtual or brick-and-mortar.

Reverse auctions are one method of electronic procurement that is very popular with public organizations where tendering is usually mandatory.

Businesses deal with other businesses for purposes beyond just selling or buying.One example is that of collaborative commerce,which includes communication,design,planning,and information sharing among business partners.

Social networks are used extensively in the B2B marketplace.

Loss of customer service quality is a potential risk for buyers in B2B exchanges.

Identify five of the seven types of e-procurement.

B2B e-commerce refers to transactions between businesses that are conducted electronically over the public Internet only.

A characteristic that describes customer loyalty to a site that eventually results in higher revenue best defines

Portals that store data and enable users to navigate and query these data are

In company-centric marketplaces,the individual company has very little control over who participates in selling or buying transactions.

A business strategy that focuses on providing comprehensive quality service to business partners best defines

B2B EC marketplaces that involve one seller selling to many buyers is called an exchange.

E-procurement limitations and challenges include each of the following except

A vertical portal is an exchange formed and operated by a group of major companies in an industry to provide industry-wide transaction services.

By law,exchanges cannot be owned by a consortium.

Direct purchasing from internal marketplaces without the approval of supervisors and without the intervention of a procurement department best defines

Denver Boards,a B2B manufacturer of snowboard equipment,can reach and target new retail customers in order to grow its online business by

In one-to-many and many-to-one marketplaces,if all selling is done by one company,it is a buy-side market.

The major B2B service industries include each of the following except

Types of B2B transactions include

Overview of Electronic Commerce

E-Commerce: Mechanisms, Infrastructure, and Tools

Retailing in Electronic Commerce: Products and Services

Innovative EC Systems: From E-Government to E-Learning, collaborative Commerce, and C2C Commerce

Mobile Commerce and Ubiquitous Computing

Social Commerce

Marketing and Advertising in E-Commerce

E-Commerce Security and Fraud Protection

Electronic Commerce Payment Systems

Order Fulfillment Along the Supply Chain and Other Ec Support Services

EC Strategy, Globalization, and Smes

Implementing EC Systems: From Justification to Successful Performance

E-Commerce: Regulatory, Ethical, and Social Environments

Launching a Successful Online Business and EC Projects

Filters

Exam 4: B2B E-Commerce

Intermediaries in B2B commerce that broker transactions between buyers and sellers are third-parties that are either virtual or brick-and-mortar.

Reverse auctions are one method of electronic procurement that is very popular with public organizations where tendering is usually mandatory.

Businesses deal with other businesses for purposes beyond just selling or buying.One example is that of collaborative commerce,which includes communication,design,planning,and information sharing among business partners.

Social networks are used extensively in the B2B marketplace.

Loss of customer service quality is a potential risk for buyers in B2B exchanges.

Identify five of the seven types of e-procurement.

B2B e-commerce refers to transactions between businesses that are conducted electronically over the public Internet only.

A characteristic that describes customer loyalty to a site that eventually results in higher revenue best defines

Portals that store data and enable users to navigate and query these data are

In company-centric marketplaces,the individual company has very little control over who participates in selling or buying transactions.

A business strategy that focuses on providing comprehensive quality service to business partners best defines

B2B EC marketplaces that involve one seller selling to many buyers is called an exchange.

E-procurement limitations and challenges include each of the following except

A vertical portal is an exchange formed and operated by a group of major companies in an industry to provide industry-wide transaction services.

By law,exchanges cannot be owned by a consortium.

Direct purchasing from internal marketplaces without the approval of supervisors and without the intervention of a procurement department best defines

Denver Boards,a B2B manufacturer of snowboard equipment,can reach and target new retail customers in order to grow its online business by

In one-to-many and many-to-one marketplaces,if all selling is done by one company,it is a buy-side market.

The major B2B service industries include each of the following except

Types of B2B transactions include

Overview of Electronic Commerce

E-Commerce: Mechanisms, Infrastructure, and Tools

Retailing in Electronic Commerce: Products and Services

Innovative EC Systems: From E-Government to E-Learning, collaborative Commerce, and C2C Commerce

Mobile Commerce and Ubiquitous Computing

Social Commerce

Marketing and Advertising in E-Commerce

E-Commerce Security and Fraud Protection

Electronic Commerce Payment Systems

Order Fulfillment Along the Supply Chain and Other Ec Support Services

EC Strategy, Globalization, and Smes

Implementing EC Systems: From Justification to Successful Performance

E-Commerce: Regulatory, Ethical, and Social Environments

Launching a Successful Online Business and EC Projects

Filters