Econ139A Ch 12

________ is an example of an e-distributor.

Amazon Business

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

Ariba

________ was/were the first step in the development of B2B e-commerce.

Automated order entry systems

________ 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.

Collaborative commerce

All of the following are weaknesses of EDI except

EDI lacks universal standards

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

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

Lean

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

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

Net marketplaces

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

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

Tight coupling

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

The term BYOD refers to employees:

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

Most inter-firm trade involves:

contract purchasing of direct goods

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

over 25

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

What is the first step in the procurement process?

search for suppliers

The last step in the procurement process is:

sending a remittance payment

Automated order entry systems:

show goods from a single seller

B2B e-commerce websites:

tend to serve horizontal markets

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

vertical

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

e-distributor

An ________ provides an online catalog that represents the products of thousands of direct manufacturers.

e-distributor

NeweggBusiness is an example of a(n) ________.

e-distributor

Which of the following primarily deals with indirect goods?

e-distributors and e-procurement Net marketplaces

Which of the following primarily serves horizontal markets?

e-distributors and e-procurement Net marketplaces

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

e-procurement Net marketplace

Which of the following primarily involves long-term sourcing?

e-procurement Net marketplaces and industry consortia

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

environmental concerns

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

exchange

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

exchange

Which of the following primarily deals with direct goods?

exchanges and industry consortia

Private industrial networks are direct descendants of:

existing EDI networks

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

failing to be efficient

Collaborative commerce systems:

foster sharing sensitive internal information with suppliers and purchasers

All of the following are important trends in B2B e-commerce in 2016-2017, except:

growing emphasis on lowest cost supply chains

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

increased product cycle time

Office supplies are an example of:

indirect goods

EDI document structures are defined by:

industry committees

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

industry consortium

TheSeam is an example of an ________.

industry consortium

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

just-in-time production

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

lower price transparency

E-distributors:

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

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

PTX

________ are the fastest growing form of B2B e-commerce.

Private industrial networks

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

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

Spot

________ refers to the links that connect business firms with one another to coordinate production.

Supply chain

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

desktop computers

Electronic Data Interchange (EDI) began as a(n) ________ system

document automation

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

a movement toward implementing highly centralized supply chains to reduce risk

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

competition

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

B2B marketing accounts for over 25% of the total amount spent on digital marketing and advertising