E-commerce Quiz Week-12: B2B E-commerce

An ________ provides an online catalogue that represents the products of thousands of direct manufacturers.

• e-distributor

• e-procurement company

• exchange

• industry consortium

________ production is a set of production methods that focuses on the elimination of waste throughout the customer value chain.

• Green

• Sustainable

• Lean

• Just-in-time

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

• management

• simplification

• competition

• collaboration

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

• Spot

• Indirect

• Vertical

• Bulk

The term BYOD refers to employees:

• working from home.

• being allowed or encouraged to use their own mobile devices and laptops.

• using mobile devices for work.

• bringing work devices to the home.

What is the first step in the procurement process?

• negotiate price

• qualify the seller and its products

• issue a purchase order

• search for suppliers

B2B e-commerce websites:

• are a predecessor of industry consortia.

• tend to serve horizontal markets.

• are buyer-side solutions.

• are considered a type of EDI system.

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

• sheet steel.

• shatter-resistant glass.

• rubber moulding.

• desktop computers.

The liquidity of a market is measured by all of the following except:

• price transparency.

• number of buyers and sellers in market.

• volume of transactions.

• size of transactions.

The last step in the procurement process is:

• sending a remittance payment.

• sending the invoice.

• shipping the goods.

• delivering the goods.