Question 1

EDI document structures are defined by:

Accepted Answer

A)  a single international standards body.
B)  by individual suppliers and buyers.
C)  industry committees.
D)  each purchaser.E) None of the above
F) B) and C)

Question 2

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.

Accepted Answer

accountable

Question 3

Private industrial networks are direct descendants of:

Accepted Answer

A)  e-procurement Net marketplaces.
B)  existing EDI networks.
C)  independent exchanges.
D)  industry consortia.E) B) and C)
F) A) and C)

Question 4

Which of the following statements about automated order entry systems is not true?

Accepted Answer

A)  They are typically owned by the suppliers.
B)  They no longer play an important role in B2B commerce.
C)  They show goods only from a single seller.
D)  They reduce the costs of inventory replenishment.E) A) and B)
F) A) and C) B

Question 5

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

Accepted Answer

The answer of A(n)________ supply chain includes a company's secondary...

Question 6

________ is another name for transorganizational business processes.

Accepted Answer

A)  Supply chain management
B)  Collaborative commerce
C)  B2B e-commerce
D)  Value chain managementE) All of the above
F) A) and D)

Question 7

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.

Accepted Answer

A) True 
 B)False

Question 8

B2B e-commerce systems originated with the Internet.

Accepted Answer

A) True 
 B)False

Question 9

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

Accepted Answer

A)  technology.
B)  globalization of trade.
C)  environmental concerns.
D)  high levels of wage disparity between the developed and undeveloped worlds.E) A) and B)
F) A) and C)

Question 10

Which of the following was the first step in the development of B2B commerce?

Accepted Answer

A)  Electronic Data Interchange (EDI) 
B)  automated order entry systems
C)  digital storefronts
D)  private industrial networksE) A) and B)
F) A) and C)

Question 11

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

Accepted Answer

RFID; Radi...

Question 12

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

Accepted Answer

A)  Net marketplace
B)  PTX
C)  EDI network
D)  hub-and-spoke systemE) B) and C)
F) None of the above

Question 13

EDI began as a(n) ________ system.

Accepted Answer

A)  document automation
B)  document elimination
C)  continuous replenishment
D)  MRPE) All of the above
F) B) and C)

Question 14

Which of the following statements about B2B electronic storefronts is not true?

Accepted Answer

A)  They are a predecessor of automated order entry systems.
B)  They tend to serve horizontal markets.
C)  They are seller-side solutions.
D)  They are usually considered a type of Net marketplace.E) A) and C)
F) None of the above

Question 15

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

Accepted Answer

A) True 
 B)False

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

The last step in the procurement process is:

Accepted Answer

A)  sending a remittance payment.
B)  sending the invoice.
C)  shipping the goods.
D)  delivering the goods.E) A) and B)
F) All of the above

Question 18

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

Accepted Answer

A)  Exostar
B)  Ariba
C)  Grainger
D)  none of the aboveE) None of the above
F) A) and B)

Question 19

The majority of interfirm trade involves:

Accepted Answer

A)  spot purchasing of direct goods.
B)  contract purchasing of indirect goods.
C)  contract purchasing of direct goods.
D)  spot purchasing of indirect goods.E) B) and C)
F) None of the above

Question 20

Which of the following is not a typical barrier to the implementation of a private industrial network?

Accepted Answer

A)  It requires participating firms to share sensitive data.
B)  It requires the large network owners to give up some of its independence.
C)  It requires a significant investment of time and money.
D)  It requires a change of mind-set and behavior of employees.E) A) and B)
F) A) and C) B

Exam 12: B2b E-Commerce: Supply Chain Management and Collaborative Commerce

EDI document structures are defined by:

Correct AnswerverifiedShow Answer

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.

Correct Answerverifiedaccountable

Private industrial networks are direct descendants of:

Correct AnswerverifiedShow Answer

Which of the following statements about automated order entry systems is not true?

Correct AnswerverifiedB

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

Correct AnswerverifiedShow Answer

________ is another name for transorganizational business processes.

Correct AnswerverifiedShow Answer

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.

Correct AnswerverifiedShow Answer

B2B e-commerce systems originated with the Internet.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Which of the following was the first step in the development of B2B commerce?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedRFID; Radi...View AnswerShow Answer

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

Correct AnswerverifiedShow Answer

EDI began as a(n) ________ system.

Correct AnswerverifiedShow Answer

Which of the following statements about B2B electronic storefronts is not true?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

The last step in the procurement process is:

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

The majority of interfirm trade involves:

Correct AnswerverifiedShow Answer

Which of the following is not a typical barrier to the implementation of a private industrial network?

Correct AnswerverifiedB

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B

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RFID; Radi...
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B