Chapter 12 B2B E-Commerce

75) ________ 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

72) ________ purchasing involves long-term written agreements to purchase specified products, with agreed-upon terms and quality, for an extended period of time.

Contract

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

Lean production

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

Net marketplaces

79) ________ can be viewed as "extended enterprises" in the sense that they often begin as ERP systems in a single firm and are then expanded to include the firm's major suppliers.

Private industrial networks

66) ________ technology is replacing bar-code scanner technology to track inventory in supply chains.

RFID, Radio frequency identification

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

Spot

80) ________ is a call for business to take social and ecological interests, and not just corporate profits, into account in all their decision-making throughout the firm.

Sustainable business

77) ________ services include automation of a firm's entire procurement process on the buyer side and automation of the selling business processes on the seller side.

Value chain management, VCM

68) 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

74) Inventory Locator Service is an example of a(n) ________.

exchange

76) The four main types of Net marketplaces are e-distributors, e-procurement networks, exchanges, and ________.

industry consortia

73) Exostar is an example of a (an) ________.

industry consortium

78) A(n) ________ supply chain includes a company's secondary and tertiary suppliers.

multi-tier

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

vertical