CGS Final ch 12

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CGS Final ch 12
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2012-12-08 19:07:58
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CGS Final ch 12
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  1. Each corporate purchase order for support products costs, on average, at least ________ in administrative overhead.
    $100
  2. An ________ primarily serves businesses that primarily buy direct goods on a contract purchasing basis.
    industry consortium
  3. Which of the following was the first step in the development of B2B commerce?
    automated order entry systems
  4. Which of the following was not a development in the second stage of EDI's evolution?
    replacement of the postal system
  5. A single supplier making an online catalog of products available to the public marketplace is called a(n):
    B2B electronic storefront.
  6. Automated order entry systems are ________ solutions.
    seller-side
  7. Which of the following primarily serve horizontal markets?
    e-distributors and e-procurement Net marketplaces
  8. The last step in the procurement process is:
    sending a remittance payment.
  9. 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.
    True
  10. Which of the following is not an objective of a private industrial network?
    obtaining equity participation in the network from other major firms in the industry
  11. EDI B2B e-commerce is the most rapidly growing type of B2B e-commerce.
    False
  12. An ________ primarily serves businesses that primarily buy direct goods on a spot purchasing basis.
    exchange
  13. A transorganizational business process requires at least two independent firms to perform.
    True
  14. Exchanges have proven successful in providing additional value-added services that transform the value chain for the entire industry.
    False
  15. E-distributors operate in horizontal markets.
    True
  16. MRO goods are also known as indirect goods.
    True
  17. Demand chain visibility is one goal of collaborative commerce.
    True
  18. Wood pulp purchased by a paper manufacturer is an example of:
    direct goods.
  19. An ________ primarily serves businesses that primarily buy indirect goods on a contract purchasing basis.
    e-procurement Net marketplace
  20. All of the following are methods of classifying Net marketplaces except:
    by technology used.
  21. Electronic Data Interchange (EDI) systems are seller-side solutions.
    False
  22. Exchanges have failed primarily because:
    suppliers have refused to join them.
  23. Private industrial networks are direct descendants of:
    existing EDI networks.
  24. Private industrial networks provide few, if any, advantages for suppliers.
    False
  25. Which of the following is another name for a private industrial network?
    PTX
  26. ________ is another name for transorganizational business processes.
    Collaborative commerce
  27. Which of the following primarily deal with direct goods?
    exchanges and industry consortia
  28. Exchanges tend to be biased toward the seller even though they are independently owned and presumably neutral.
    False
  29. Industry consortia are typically seller-biased.
    False
  30. An ________ provides electronic catalogs that represent the products of thousands of direct manufacturers.
    e-distributor
  31. An e-procurement Net marketplace is sometimes referred to as a:
    many-to-many market.
  32. 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.
  33. Which of the following primarily deal with indirect goods?
    e-distributors and e-procurement Net marketplaces
  34. All of the following are major developments in supply chain management except:
    materials requirement planning.
  35. Net marketplaces focus on continuous business process coordination between companies while private industrial networks are primarily transaction-based.
    False
  36. An ________ is an independently owned, online marketplace that connects hundreds to potentially thousands of suppliers and buyers in a dynamic, real-time environment.
    exchange
  37. What is the first step in the procurement process?
    search for suppliers
  38. Which of the following primarily involve long-term sourcing?
    e-procurement Net marketplaces and industry consortia
  39. The term B2B commerce refers to all types of computer-enabled interfirm trade.
    True
  40. An ________ is an independently owned intermediary connecting hundreds of online suppliers offering millions of maintenance and repair products to business firms that pay fees to join the market.
    e-procurement Net marketplace
  41. The majority of interfirm trade involves:
    contract purchasing of direct goods.
  42. An example of an indirect good in the fast-food industry is:
    fax paper.
  43. The use of Internet-based B2B solutions promises to significantly reduce administrative costs of engaging in interfirm trade.
    True
  44. Which of the following terms refers to the total flow of value among firms?
    total interfirm trade
  45. Private industrial networks are the largest form of B2B e-commerce.
    True
  46. ________ is a method for ensuring that suppliers precisely deliver ordered parts at a specific time and to a particular location.
    Tight coupling
  47. An ________ primarily serves businesses that buy indirect goods on a spot purchasing basis.
    e-distributor
  48. Which of the following does not have a primary impact on the liquidity of a market?
    price transparency
  49. Most industry groups are moving toward which language for expressing EDI documents and communications?
    XML
  50. Which of the following is not a pricing mechanism typically used by Net marketplaces?
    utilization pricing
  51. All of the following statements about EDI are true except:
    EDI systems generally serve horizontal markets.
  52. All of the following are weaknesses of EDI except:
    EDI lacks universal standards.
  53. A method of inventory cost management that seeks to eliminate excess inventory is known as:
    just-in-time production.
  54. Industry consortia are sometimes referred to as:
    many-to-few markets.

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