Online Business Final

Front 1

True or False, Exchanges tend to be biased toward the seller even though they are independently owned and presumably neutral

Back 1

False

Front 2

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

Back 2

private industrial networks

Front 3

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

Back 3

just-in-time production

Front 4

All of the following are true about collaborative commerce systems except:

Back 4

They are open, competitive marketplaces.

Front 5

True or False, Demand chain visibility is one goal of collaborative commerce.

Back 5

True

Front 6

True or False, Enterprise systems are corporate-wide systems that relate to various aspects of production such as finance, human resources, and procurement.

Back 6

True

Front 7

Which of the following is not a benefit of carving up a single, global B2B platform into product and region-centered systems?

Back 7

lower cost

Front 8

Which of the following is not an objective of a private industrial network?

Back 8

obtaining equity participation in the network from other major firms in the industry

Front 9

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

Back 9

exchange

Front 10

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

Back 10

lower price transparency.

Front 11

Which of the following primarily deal with indirect goods?

Back 11

e-distributors and e-procurement Net marketplaces

Front 12

Which of the following is not a characteristic of the use of social networks in B2B e-commerce?

Back 12

They are always private.

Front 13

Which of the following primarily serve horizontal markets?

Back 13

e-distributors and e-procurement Net marketplaces

Front 14

True or False, Collaborative commerce is primarily concerned with the development of a rich communications environment.

Back 14

True

Front 15

An ________ provides electronic catalogs that represent the products of thousands of direct manufacturers.

Back 15

e-distributor

Front 16

True or False, The bias of industry consortia is toward large buyers.

Back 16

True

Front 17

True or false, 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.

Back 17

True

Front 18

True or False, Private industrial networks are the most prevalent form of Internet-based B2B commerce.

Back 18

True

Front 19

Which of the following primarily deal with direct goods?

Back 19

exchanges and industry consortia

Front 20

ndustry consortia are sometimes referred to as:

Back 20

many-to-few markets.

Front 21

Most industry groups are moving toward which language for expressing EDI documents and communications?

Back 21

XML

Front 22

All of the following are methods of classifying Net marketplaces except:

Back 22

by technology used.

Front 23

True or False, E-distributors operate in horizontal markets.

Back 23

True

Front 24

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

Back 24

They are a predecessor of automated order entry systems.

Front 25

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

Back 25

industry consortium

Front 26

Which of the following is not a major trend in B2B e-commerce in 2012-2013?

Back 26

decreased growth of B2B e-commerce due to the recession

Front 27

True or False, The cost of participating in B2B e-commerce systems has fallen significantly.

Back 27

True