WorksheetsISC301 126-150
Total questions: 25
Worksheet time: 13mins
Name
Class
Date
1.
"B2B transactions that involve communication, design, planning, information sharing, and activites beyond financial transactions among business partners is referred to as"
a)
exchanges
b)
collaborative commerce
c)
trading communities
d)
public marketplaces
2.
"The Cisco Connection Online (CCO) Website receives over 2 million hits per month for technical assistance, ordering, order checking, or software downloads. This online service had been so well received that nearly percent of all customer service"
a)
25/35
b)
45/55
c)
85/95
d)
15/25
3.
"The aggregation of suppliers' catalogs on the buyer's server to make it easier to centralize and control all procurement is called a(n):"
a)
internal procurement marketplace
b)
buy-side e-marketplace
c)
sell-side e-marketplace
d)
bartering exchange
4.
In general, the benefits of contract-management software include all of the following EXCEPT
a)
Reduces contract-related risks
b)
Reduces contract negotiation time and efforts
c)
Enables standardization of contracts throughout the enterprise
d)
Provides more efficient approval provesses
5.
"With , a business sells to a business but delivers small quantities to
customers of the buying business."
a)
B2B2C
b)
B2B
c)
B2C2B
d)
B2C
6.
"A(n) is an online third party that brokers B2B transactions between a
buyer and seller."
a)
strategic source
b)
horizontal marketplace
c)
vertical marketplace
d)
intermediary
7.
"The purchase of goods and services as they are needed, usually at prevailing market prices is referred to as:"
a)
direct materials
b)
Consolidation
c)
spot buying
d)
strategic sourcing
8.
"Indirect materials are typically used in activities"
a)
maintenance, repair, and operation (MRO)
b)
sales and marketing
c)
intermediary
d)
supply chain
9.
"Some of the benefits of a(n) are that distributor scan check inventory,
make transactions, and look up the status of their orders significantly reducing the number of phone calls, e-mails, and incorrect product shipments"
a)
custom catalog
b)
electronic data interchange
c)
extranet-based order-entry tool
d)
intranet-based order-entry tool
10.
"Purchases of goods and services based on long-term contracts is referred to as."
a)
direct materials
b)
Consolidation
c)
spot buying
d)
strategic sourcing
11.
"can be supported more effectively and efficiently through direct buyer-
seller offline or online negotiations, which can be done in private exchanges or private trading rooms in public exchanges."
a)
Strategic purchases
b)
Spot buying
c)
B2C commerce
d)
MRO
12.
"What are the two types of materials and supplies that are traded in B2B?"
a)
Digital and physical.
b)
Direct and indirect.
c)
Horizontal and vertical.
d)
Commodities and nonproduction.
13.
"Nonproduction materials such as equipment and tools that support production are called:"
a)
indirect materials
b)
operational materials
c)
direct materials
d)
virtual materials
14.
"The consists of a number of interrelated subprocesses that extend from
the acquisition of materials from suppliers to packaging it and moving it to distributors and retailers."
a)
supply chain
b)
vertical market
c)
vertical market
d)
production chain
15.
"Companies will usually separate B2C orders from B2B orders because B2C and
B2B orders have different"
a)
order-sulfillment processes and different pricing models
b)
marketing processes
c)
buying and delivery processes
d)
accounting processes
16.
"Because conducting reverse auction in B2B can be afairly complex process, a(n) may be essenial"
a)
open RFQ
b)
third-party intermediary
c)
online directory
d)
software agent
17.
"Companies that use an intermediary to do their buying and selling tend to be:"
a)
high on supply chain power and low on buying/selling capabilities
b)
low on supply chain power and low on buying/selling capabilities
c)
high on supply chain power and high on buying/selling capabilities
d)
low on supply chain power and high on buying/selling capabilities
18.
"The major 13213 services include each of the following EXCEPT:"
a)
Travel and hospitality
b)
Financial
c)
Stock trading
d)
Retail
19.
"Major implementation challenges that companies must consider when planning e¬procurement initiatives include all of the following EXCEPT:"
a)
" reviewing and changing the procurement process it self"
b)
" coordinating the buyer's information system with that of the sellers"
c)
" Providing interfaces between e-procurement and integrated enterprisewide information systems, such as ERP or supply chain management"
d)
" Increasing the number of regular suppliers and integrating with their information systems and possibly with their business processes"
20.
"Which of the following is not one of the major benefits of 13213?"
a)
Expedites processing and reduces cycle time.
b)
Enables customized online catalogs with the same prices for different customers.
c)
Increases production flexibility, permitting just-in-time delivery.
d)
Increases opportunities for collaboration.
21.
"occurs when 13213 eliminates a distributor or a retailer."
a)
Purging
b)
Collaboration
c)
Disintermediation
d)
Just-in-time delivery
22.
"In a sell-side e-marketplace, a business sells products and services to business customers, frequently over ."
a)
an extranet
b)
an intranet
c)
an exchange
d)
a web service
23.
"One of the major problems facing direct sellers is ."
a)
how to find buyers
b)
how to find suppliers
c)
how to advertise in traditional channels
d)
how to manage the supply chain
24.
"Companies use to sell their unneeded assets for quick disposal or to
easily dispose of excess, obsolete, and returned products."
a)
private auctions
b)
liquidation
c)
forward auctions
d)
reverse auctions
25.
"Benefits of using a third-party hosting company for conducting B2B auctions instead of developing an auction site in-house include all of the following EXCEPT:"
a)
Time-to-market of several weeks.
b)
No additional resources are needed such as hardware, bandwidth, engineering resources, or IT personnel.
c)
No hiring costs.
d)
No redeployment of corporate resources.
100 %
