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Which of the following primarily serve horizontal markets?


A) e-distributors and exchanges
B) e-distributors and e-procurement Net marketplaces
C) e-procurement Net marketplaces and industry consortia
D) exchanges and industry consortia

E) None of the above
F) A) and B)

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Industry consortia are sometimes referred to as:


A) many-to-many markets.
B) many-to-few markets.
C) one-to-one markets.
D) one-to-many markets.

E) A) and D)
F) None of the above

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Private industrial networks typically involve manufacturing and related support industries.

A) True
B) False

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Which of the following primarily deal with indirect goods?


A) e-distributors and industry consortia
B) e-distributors and e-procurement Net marketplaces
C) exchanges and industry consortia
D) exchanges and e-procurement Net marketplaces

E) All of the above
F) A) and B)

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Which of the following is not an important theme of B2B e-commerce in 2012-2013?


A) concern about supply chain risk
B) concern about supply chain volatility
C) concern about the accountability of supply chains
D) concern about the privacy of supply chains

E) B) and C)
F) A) and B)

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MRO goods are also known as indirect goods.

A) True
B) False

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Exostar is an example of a(n)________.

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________ services include automation of a firm's entire procurement process on the buyer side and automation of the selling business processes on the seller side.

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Value chai...

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Which of the following is the fastest growing form of online B2B e-commerce?


A) e-distributors
B) exchanges
C) private industrial networks
D) industry consortiums

E) A) and D)
F) All of the above

Correct Answer

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

A) True
B) False

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Demand chain visibility is one goal of collaborative commerce.

A) True
B) False

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________ purchasing involves long-term written agreements to purchase specified products, with agreed-upon terms and quality, for an extended period of time.

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


A) Net marketplace
B) PTX
C) EDI network
D) hub-and-spoke system

E) A) and B)
F) None of the above

Correct Answer

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Which of the following primarily involve long-term sourcing?


A) e-distributors and exchanges
B) e-distributors and industry consortia
C) e-procurement Net marketplaces and exchanges
D) e-procurement Net marketplaces and industry consortia

E) B) and C)
F) None of the above

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


A) e-distributor
B) e-procurement company
C) exchange
D) industry consortium

E) None of the above
F) All of the above

Correct Answer

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Define and discuss the terms total inter-firm trade, B2B commerce, and B2B e-commerce in the context of the history and significance of B2B e-commerce.

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Before the Internet, business-to-busines...

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

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

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Define the procurement process. What are the seven basic steps in the procurement process?

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The procurement process refers to the wa...

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


A) lean production
B) sustainable production
C) just-in-time production
D) supply chain simplification

E) None of the above
F) A) and D)

Correct Answer

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