GBA 699-40 HW 11

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

competition

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

desktop computers.

Which of the following primarily serve horizontal markets?

e-distributors and e-procurement Net marketplaces

The Seam is an example of an:

industry consortium

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

lower price transparency.

All of the following are weaknesses of EDI except:

EDI lacks universal standards.

B2B e-commerce websites:

tend to serve horizontal markets.

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

environmental concerns.

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

exchange

Private industrial networks are direct descendants of:

existing EDI networks.

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

paper napkins.

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

price transparency.

All of the following are important trends in B2B e-commerce in 2018-2019, except:

the migration of B2B hardware and software to cloud computing and cloud apps.

Trans-organizational business processes require ________ to perform.

two independent firms

Which of the following primarily involve long-term sourcing?

e-procurement Net marketplaces and industry consortia

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

increased product cycle time.

Office supplies are an example of:

indirect goods

E-distributors:

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

The last step in the procurement process is:

sending a remittance payment

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

supply chain

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

e-distributor

Which of the following primarily deal with direct goods?

exchanges and industry consortia

Analysts predict that B2B e-commerce in the United States will grow to approximately ________ by 2022.

$7.3 trillion

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

RFQs

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.

SCM

________ is an example of an e-procurement Net marketplace.

Ariba

________ 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.

Collaborative commerce

Which of the following statements about Walmart's Global Replenishment System (GRS) is not true?

GRS is based on past point-of-sale data.

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

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

A majority of B2B buyers worldwide now believe their mobile device is essential to their work. Which age-group had the highest percentage agreeing with this statement?

Millennials (ages 18-35)

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

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

In 2018, which of the following accounted for the smallest amount of B2B commerce?

Net marketplaces

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

Net marketplaces

Which of the following statements about B2B marketing is not true?

Only 10% of B2B marketers use mobile marketing technologies.

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

They are always private.

Which of the following statements about EDI systems is true?

They typically serve vertical markets.

All of the following are major trends in B2B e-commerce in 2018-2019, except:

a movement toward implementing highly centralized supply chains to reduce risk.

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.

accountable

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

automated order entry systems

The term BYOD refers to employees:

being allowed or encouraged to use their own mobile devices and laptops.