Chapter 12

e-distributor

WW Grainger is an example of a(n) ________.

search for suppliers

What is the first step in the procurement process?

SCM

A(n) ________ system continuously links the activities of buying, making, and moving products from suppliers to purchasing firms, as well as integrating order entry systems

show goods from a single seller.

Automated order entry systems:

make money by charging a mark-up on products they distribute.

E-distributors:

document automation

EDI began as a(n) ________ system.

industry committees.

EDI document structures are defined by:

industry consortium

The Seam is an example of an ________.

indirect goods.

Office supplies are an example of:

failing to be efficient.

Walmart's global supply chain has been criticized for all of the following except

exchanges and industry consortia

Which of the following primarily deal with direct goods?

e-procurement Net marketplace

An ________ serves businesses that primarily buy direct goods on a contract purchasing basis.

competition

Supply chain ________ refers to differentiating a firm's products or prices on the basis of superior supply chain management.

EDI lacks universal standards.

All of the following are weaknesses of EDI except:

It requires the large network owners to give up some of its independence.

Which of the following is not a typical barrier to the implementation of a private industrial network?

private industrial networks

Which of the following is the fastest growing form of B2B e-commerce?

e-distributors and e-procurement Net marketplaces

Which of the following primarily deal with indirect goods?

e-procurement Net marketplaces and industry consortia

Which of the following primarily involve long-term sourcing?

e-distributors and e-procurement Net marketplaces

Which of the following primarily serve horizontal markets?

They typically serve vertical markets.

Which of the following statements about EDI systems is true?

Much of the expense of the system is shifted from the B2B network provider to the firm.

Which of the following statements about cloud-based B2B systems is not true?

supply chain

Which of the following terms refers to the links that connect business firms with one another to coordinate production?

automated order entry systems

Which of the following was the first step in the development of B2B e-commerce?

desktop computers.

All of the following are examples of direct goods in the auto industry except:

e-procurement Net marketplace

An ________ primarily serves businesses that primarily buy indirect goods on a contract purchasing basis.

e-distributor

An ________ provides electronic catalogs that represent the products of thousands of direct manufacturers

paper napkins.

An example of an indirect good in the fast-food industry is:

VWGroupSupply.com is an industry consortium.

Which of the following statements is not true?

vertical

A(n) ________ market is one that provides expertise and products for a specific industry, such as automobiles.

accountable

A(n) ________ supply chain is one in which the labor conditions in low-wage, underdeveloped producer countries are visible and morally acceptable to ultimate consumers in more developed industrial societies.

over 25

Cisco estimates that by 2016, mobile traffic will represent ________% of all business Internet traffic.

Move to implement highly centralized supply chains to reduce risk.

All of the following are current major trends in B2B e-commerce, except:

RFQs

All of the following are forms of collaboration among businesses except:

industry demand for supply chain sustainability.

All of the following are important trends in B2B e-commerce in 2015-2016, except:

increased product cycle time.

All of the following are potential benefits of B2B e-commerce except:

lower price transparency.

All of the following are potential benefits of B2B e-commerce except:

environmental concerns.

All of the following have led to the development of outsourcing of manufacturing around the world except:

exchange

An ________ is an independently owned, online marketplace that connects hundreds to potentially thousands of suppliers and buyers in a dynamic, real-time environment.

e-distributor

An ________ primarily serves businesses that buy INDIRECT goods on a spot purchasing basis.

exchange

An ________ primarily serves businesses that primarily buy DIRECT goods on a spot purchasing basis.

$8.6 trillion.

Analysts predict that B2B e-commerce in the United States will grow by 2019 to approximately:

tend to serve horizontal markets.

B2B e-commerce Web sites:

foster sharing sensitive internal information with suppliers and purchasers.

Collaborative commerce systems:

$6.3 trillion.

In 2015, the total amount of B2B e-commerce in the United States was approximately:

use their own mobiles and laptops.

In the BYOD trend, employees are allowed or encouraged to:

existing EDI networks.

Private industrial networks are direct descendants of:

Net marketplaces

The essential characteristic of ________ is that they bring hundreds to thousands of suppliers into a single Internet-based environment to conduct trade.

sending a remittance payment.

The last step in the procurement process is:

price transparency.

The liquidity of a market is measured by all of the following except:

contract purchasing of direct goods.

The majority of inter-firm trade involves:

just-in-time production

Which of the following is a method of inventory cost management that seeks to eliminate excess inventory?

AmazonSupply

Which of the following is an example of an e-distributor?

Ariba

Which of the following is an example of an e-procurement Net marketplace?

PTX

Which of the following is another name for a private industrial network?

They are always private.

Which of the following is not a characteristic of the use of social networks in B2B e-commerce?

Tight coupling

________ is a method for ensuring that suppliers precisely deliver ordered parts at a specific time and to a particular location.

Collaborative commerce

________ is another name for transorganizational business processes.

Collaborative commerce

________ is defined as the use of digital technologies to permit organizations to work together to design, develop, build, and manage products through their life cycles.

Lean

________ production is a set of production methods that focuses on the elimination of waste throughout the customer value chain.

Spot

________ purchasing involves the purchase of goods based on immediate needs in larger marketplaces that involve many suppliers.