Exam 4: B2B E-Commerce

Stock exchanges and commodity exchanges (such as oil and sugar)are examples of spot buying.

The electronic acquisition of goods and services for organizations via the Internet or private network best defines

The planning,organizing,and coordinating of all the activities relating to purchasing goods and services needed to accomplish the organization's mission best defines

Which of the following can be supported more effectively and efficiently through direct buyer-seller negotiations?

Creating brand awareness is an advantage of B2B social networking.

Strategic sourcing refers to purchasing involving long-term contracts that usually are based on private negotiations between sellers and buyers.

List five generic types of portals.

Benefits of using a third-party hosting company for conducting B2B auctions instead of developing an auction site in-house include all of the following except

Potential gains for sellers in B2B exchanges include less maverick buying.

Marketing by manufacturers and wholesalers along the sell-side of the supply chain best defines

Affiliate programs,infomediaries,and online data and text mining services are three popular B2B marketing and advertising methods.

An example of a successful aggregation of suppliers' catalogs is that of ________,which aggregates more than 10,000 items from the catalogs of approved suppliers into an internal electronic catalog.

A comprehensive approach to managing an enterprise's interactions with the organizations that supply the goods and services it uses best defines

E-commerce that focuses on a single company's buying needs or selling needs best defines

All are benefits of B2B except

Caltex,a multinational oil company,reduced the number of its suppliers from over 3,000 to 800 by implementing a central catalog for internal purchasing,lowering the per unit prices.

The main uses of social networks include

Which of the following is not one of the major benefits of B2B for both buyers and sellers?

Companies use ________ to sell their unneeded assets for quick disposal or to dispose of excess,obsolete,and returned products.

Materials used to support production are called