Chapter 12 B2B E-Commerce T/F

1) B2B e-commerce systems originated with the Internet.

FALSE

10) Independent exchanges are the fastest growing form of online B2B e-commerce.

FALSE

2) Virtually all firms, both large and small, now use Electronic Data Interchange (EDI) systems.

FALSE

11) Industry consortia are more focused on optimizing short-term supply relationships than independent exchanges, which tend to focus more on long-term transactions.

FALSE

4) Regional supply chains provide lower short-term costs, but higher, longer-term risk protection.

FALSE

12) Private industrial networks typically involve manufacturing and related support industries.

TRUE

13) An exchange is an independently owned online marketplace that connects many suppliers and buyers.

TRUE

14) Industry consortia are usually owned collectively by the major firms participating in the consortia, while private industrial networks usually are created by a single sponsoring company.

TRUE

15) Demand chain visibility is one goal of collaborative commerce.

TRUE

3) Private industrial networks are the most prevalent form of Internet-based B2B commerce.

TRUE

5) Collaborative commerce is primarily concerned with the development of a rich communications environment.

TRUE

6) Walmart has one of the most efficient B2B supply chains in the world.

TRUE

7) MRO goods are also known as indirect goods.

TRUE

8) E-distributors operate in horizontal markets.

TRUE

9) Lean production is an extension of just-in-time production methods.

TRUE