Exam 13: Implementing EC Systems: From Justification to Successful Performance

One basic way to categorize different EC investments is to distinguish between investments in infrastructure and investments in specific EC applications because benefits from infrastructure investments

The relationship between EC investment and organizational performance is

Each of the following metrics indicates excellence in e-procurement except

The result of the rush to invest in EC projects and start-up companies was the 2001 to 2003 "dot-com bust," when hundreds of EC startups went out of business and the stock market crashed.

Tangible metrics include

A Web-based seller of CDs carefully monitors the prices charged by its competitors for identical products.This company has the ability to change a given price within three minutes in response to changes by competitors.This is an example of EC

Define cloud computing.Identify five advantages of cloud computing.

Leveraging intangible assets,capabilities,relationships,and unleashing dormant assets is a critical success factor for EC.

Usability testing refers to testing application software modules one at a time.

Traditional methods for evaluating EC investments include each of the following except

Reengineering eliminates the intermediaries between sellers and buyers.

Unit testing refers to testing the combination of application modules acting in concert.

One of the strengths of EC is the ease with which its adopters can reach a global population of consumers.However,EC-driven businesses must consider the critical elements affecting the value of EC across cultures.These elements include each of the following except

Infrastructure investments are made for the short-term because of frequent technological changes.

Costs incurred in ensuring that the agent performs tasks as expected best defines

The average cost curve of regular products is U-shaped and has an optimal lowest point,but with digital products the average cost per unit declines as quantity increases.

The higher purchase price is a disadvantage of purchasing an EC system.

CIOs need to effectively communicate the value of proposed EC projects in order to gain approval for each of the following reasons except

An equation indicating that for the same quantity of production,Q,companies either can use a certain amount of labor or invest in more automation best describes

The disadvantage of the NPV method for evaluating EC and IT is