ECOMMERCE QUIZ CHAPTER 12 EXAM QUESTIONS

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ECOMMERCE QUIZ CHAPTER 12 EXAM QUESTIONS

Actual Qs and Ans Expert-Verified Explanation

This Exam contains:

-Guarantee passing score -68 Questions and Answers -format set of multiple-choice -Expert-Verified Explanation Question 1: All of the following are important trends in B2B e-commerce in 2016-2017,

except:

• the growing emphasis on obtaining real-time data.
• growing emphasis on lowest cost supply chains.
• generation and management of huge big data repositories.
• an increase in regional manufacturing and supply chains.

Answer:

• growing emphasis on lowest cost supply chains.

Question 2: All of the following are forms of collaboration among businesses except:

• RFQs.

B) CPFR.

• demand chain visibility.
• marketing coordination and product design.

Answer:

• RFQs.

Question 3: What is the first step in the procurement process?

• negotiate price
• qualify the seller and its products
• issue a purchase order
• search for suppliers

Answer:

• search for suppliers

Question 4: 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.
• B2B network providers charge customers on a demand basis.
• Network effects apply, enabling the spreading of costs.
• Cloud-based B2B data networks can be implemented in short periods of time.

Answer:

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

Question 5: ________ 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.

A) SCM

• Social e-commerce

C) EDI

• Collaborative commerce

Answer:

• Collaborative commerce

Question 6: Which of the following primarily deals with direct goods?

• e-distributors and independent exchanges
• exchanges and e-procurement Net marketplaces
• exchanges and industry consortia
• e-procurement Net marketplaces and industry consortia

Answer:

• exchanges and industry consortia

Question 7: value chain management (vcm) services

Answer:

include automation of a firm's entire procurement process on the buyer side and automation of the selling business processes on the seller side Question 8: ________ purchasing involves the purchase of goods based on immediate needs in larger marketplaces that involve many suppliers.

• Spot
• Indirect
• Vertical
• Bulk

Answer:

• Spot

Question 9: ________ production is a set of production methods that focuses on the elimination of waste throughout the customer value chain.

• Green
• Sustainable
• Lean
• Just-in-time

Answer:

• Lean

Question 10: ________ is a method for ensuring that suppliers precisely deliver ordered parts at a specific time and to a particular location.

• Having an adaptive supply chain
• Tight coupling
• Supply-chain management
• Materials requirement planning

Answer:

• Tight coupling

Question 11: ________ are the fastest growing form of B2B e-commerce.

• R-distributors
• Exchanges
• Private industrial networks
• Industry consortiums

Answer:

• Private industrial networks

Question 12: The term BYOD refers to employees:

• working from home.
• being allowed or encouraged to use their own mobile devices and laptops.
• using mobile devices for work.
• bringing work devices to the home.

Answer:

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