Question 1

According to Gartner, _____ is high volume, high velocity, and/or high variety information assets that require new forms of processing to enable enhanced decision making, insight discovery, and process optimization.

Accepted Answer

A)   DMAIC
B)   SMAC
C)   RFID
D)   big data
E)   cloud computing D

Question 2

A _____ is a request to submit a proposal based on a set of specifications provided by a buyer.

Accepted Answer

A)   kanban
B)   reverse auction
C)   PO
D)   bill of materials
E)   RFQ A

Question 3

A _____ is controlled by buyers and is tied into their intranets and extra-nets.

Accepted Answer

A)   vertical portal
B)   horizontal portal
C)   third-party marketplace
D)   sell-side system
E)   buy-side system A

Question 4

A/An _____ is an integrated collection of computer files capable of storing operational data essential for managing a department.

Accepted Answer

A)   EDI system
B)   e-catalog
C)   database
D)   e-sourcing system
E)   None of the above.

Question 5

B2B marketers are using Facebook and other social networking providers such as LinkedIn to facilitate the sales process.

Accepted Answer

A) True 
 B)False

Question 6

_____ is a communications standard that supports inter-organizational electronic exchange of common business documents and information.

Accepted Answer

A)   MRP
B)   DRP
C)   SMAC
D)   RFID
E)   EDI

Question 7

All of the following are examples of the primary business processes around which an ERP system is designed except _____.

Accepted Answer

A)   selling a product or service
B)   making a product
C)   buying a product
D)   determining where to locate warehouse facilities
E)   costing, paying the bills, and collecting

Question 8

The goal of DRP systems is to integrate all business function planning and processing, and to avoid data interruption to make better business decisions and run the business more effectively and efficiently.

Accepted Answer

A) True 
 B)False

Question 9

The goal of spend analysis is to determine what goods and services are purchased, what suppliers they are purchased from, and where the demand for the items originates in the organization.

Accepted Answer

A) True 
 B)False

Question 10

In a/an _____, sellers are only told their relative rank and thus are not aware of their competitors' prices.

Accepted Answer

A)   vertical portal
B)   progressive reverse auction
C)   regular reverse auction
D)   rank reverse auction
E)   None of the above.

Question 11

Historically, companies adopted a unified approach to system usage, such that each function could communicate with each other in the company.

Accepted Answer

A) True 
 B)False

Question 12

Participants in blog sites are free to post their reactions, and individuals can respond to other participants' responses.

Accepted Answer

A) True 
 B)False

Question 13

Which if the following is one of the basic components of an EDI system?​

Accepted Answer

A)   A standard form.
B)   A translation capability.
C)   A mail service.
D)   All of the above.
E)   None of the above.

Question 14

Data held in data warehouses are time-dependent, historical data; they may also be aggregated.

Accepted Answer

A) True 
 B)False

Question 15

In a regular reverse auction, prices are anonymous, and the identity of the competitors is provided to all sellers.

Accepted Answer

A) True 
 B)False

Question 16

A _____ contains the products or services of one or more suppliers.

Accepted Answer

A)   sell-side system
B)   buy-side system
C)   deliver-side system
D)   third-party marketplace
E)   3PL

Question 17

On the buying side, organizations are becoming much more focused and sophisticated in making decisions involving investments in e-SCM systems.

Accepted Answer

A) True 
 B)False

Question 18

EDI requires investment in general purpose hardware that could be used for a variety of purposes.

Accepted Answer

A) True 
 B)False

Question 19

A/An _____ is generally thought of as a decision support tool for collecting information from multiple sources and making that information available to end users in a consolidated, consistent manner.

Accepted Answer

A)   database
B)   data warehouse
C)   EDI system
D)   e-catalog
E)   reverse auction

Question 20

Price should be a very important element of the reverse auction process but not the only one.

Accepted Answer

A) True 
 B)False

Exam 18: Supply Chain Information Systems and Electronic Sourcing

According to Gartner, _____ is high volume, high velocity, and/or high variety information assets that require new forms of processing to enable enhanced decision making, insight discovery, and process optimization.

A _____ is a request to submit a proposal based on a set of specifications provided by a buyer.

A _____ is controlled by buyers and is tied into their intranets and extra-nets.

A/An _____ is an integrated collection of computer files capable of storing operational data essential for managing a department.

B2B marketers are using Facebook and other social networking providers such as LinkedIn to facilitate the sales process.

_____ is a communications standard that supports inter-organizational electronic exchange of common business documents and information.

All of the following are examples of the primary business processes around which an ERP system is designed except _____.

The goal of DRP systems is to integrate all business function planning and processing, and to avoid data interruption to make better business decisions and run the business more effectively and efficiently.

The goal of spend analysis is to determine what goods and services are purchased, what suppliers they are purchased from, and where the demand for the items originates in the organization.

In a/an _____, sellers are only told their relative rank and thus are not aware of their competitors' prices.

Historically, companies adopted a unified approach to system usage, such that each function could communicate with each other in the company.

Participants in blog sites are free to post their reactions, and individuals can respond to other participants' responses.

Which if the following is one of the basic components of an EDI system?​

Data held in data warehouses are time-dependent, historical data; they may also be aggregated.

In a regular reverse auction, prices are anonymous, and the identity of the competitors is provided to all sellers.

A _____ contains the products or services of one or more suppliers.

On the buying side, organizations are becoming much more focused and sophisticated in making decisions involving investments in e-SCM systems.

EDI requires investment in general purpose hardware that could be used for a variety of purposes.

A/An _____ is generally thought of as a decision support tool for collecting information from multiple sources and making that information available to end users in a consolidated, consistent manner.

Price should be a very important element of the reverse auction process but not the only one.

Which if the following is one of the basic components of an EDI system?