Chapter 7 IS Part 2

_________ is larger by volume; _________ is more complex

B2B; B2C

Sell-side marketplaces are similar to the _________ model.

B2C

Sell-side marketplaces are similar to the _________ model; _________ auctions are the key mechanism.

B2C; forward

_________ are/is electronic billboards that promote a product or a vendor.

Banners

Alibaba started as a(n) _________ company.

Chinese

_________ facilitate dynamic pricing.

Cookies

_________ materials are inputs to the manufacturing process.

Direct

_________ are independently owned by a third party and connect many sellers with many buyers.

Electronic exchanges

_________ exchanges connect buyers and sellers across many industries.

Horizontal

_________ materials are those items that are needed for MRO.

Indirect

_________ appear(s) underneath the active windows.

Pop-under ads

_________ appear(s) in front of the current browser window.

Pop-up ads

_________ is a limitation of e-commerce.

Security

_________ are similar to the B2C model.

Sell-side marketplaces

_________ are/is unsolicited e-mail.

Spam

_________ describes the retailing strategy of selling a large number of unique items in small quantities.

The long tail

_________ exchanges connect buyers and sellers in a given industry.

Vertical

Group purchasing is a common technique in a ________.

buy-side marketplace

The _________ is a model in which organizations attempt to procure needed products or services from other organizations electronically.

buy-side marketplace

Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds; they are ________, which means ________.

decentralized; no single institution operates their use

A major method of procuring goods and services in the buy-side model is the _________ auction.

reverse

In the ________, organizations sell their products or services to other organizations electronically from their own private e-marketplace website or from a third-party website.

sell-side marketplace