Week 14 Quiz

________ was/were the first step in the development of B2B e-commerce.

• Automated order entry systems

• Computerized inventory databases

• Electronic Data Interchange (EDI)

• Digital invoices

________ refers to the links that connect business firms with one another to coordinate production.

• Horizontal market

• Supply chain

• B2B e-commerce

• Vertical market

Automated order entry systems:

• are typically owned by the purchasing firm.

• increased the costs of inventory replenishment.

• no longer play an important role in B2B commerce.

• show goods from a single seller.

Which of the following statements about EDI systems is true?

• They still play an important role in B2C commerce.

• They typically serve vertical markets.

• They are seller-side solutions.

• They evolved from private trading exchanges.

B2B e-commerce websites:

• are considered a type of EDI system.

• tend to serve horizontal markets.

• are a predecessor of industry consortia.

• are buyer-side solutions.

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

• lower transaction costs.

• lower price transparency.

• lower administrative costs.

• lower search costs.

Supply chain ________ refers to differentiating a firm's products or prices based on superior supply chain management.

• competition

• management

• collaboration

• simplification

Office supplies are an example of:

• indirect goods.

• MRO goods.

• distributed goods.

• direct goods.

All of the following are examples of direct goods in the auto industry except:

• sheet steel.

• shatter-resistant glass.

• desktop computers.

• rubber molding.

An example of an indirect good in the fast-food industry is:

• beef.

• sugar.

• paper napkins.

• mustard.