Bsba 4 - Electronic Commerce

It is usually at prevailing market prices where they purchase of goods and services as they are needed.

It is a corporate-based acquisition site that uses reverse auctions, negotiations, group purchasing, or any other e-procurement method.

It is provide SMEs with better prices, selection, and services by aggregating demand online and then either negotiating with suppliers or conducting reverse auctions.

It is used to implement traditional EDI systems.

In which many buyers and many sellers meet electronically to trade with each other.

E-commerce that focuses on a single company’s buying needs or selling needs.

It is a transactions between businesses conducted electronically over the Internet.

It is a web-based marketplace in which one company sells to many business buyers from e-catalogs or auctions, frequently over an extranet.

The electronic acquisition of goods and services for organizations.

Carrying products used by one industry but at various segments of the supply chain  is called horizontal

• A.

  True

• B.

  False

It is an online third party that brokers a transaction online between a buyer and a seller; can be virtual or click-and-mortar.

It is the aggregated catalogs of all approved suppliers combined into a single internal electronic catalog.

EDI that runs on the Internet and is widely accessible to most companies, including SMEs.

An intermediary that links parties in a barter; a company submits its surplus to the exchange and receives points of credit

It provide an opportunity to buyers to find inexpensive or unique items fairly quickly.

In implementing e-procurement—major e-procurement implementation issues one this is fitting e-commerce into the company EC strategy.

• A.

  True

• B.

  False

In implementing e-procurement—major e-procurement implementation issues one this is reviewing and changing the procurement process itself.

• A.

  True

• B.

  False

One of the major methods of e-procurement is through reverse auctions.

• A.

  True

• B.

  False

The electronic auction method is the most common model for large MRO purchases as it provides considerable savings 

• A.

  True

• B.

  False

It is the aggregation of orders from several buyers into volume purchases so that better prices can be negotiated.

Joining a public e-marketplace provides a business with high buying and selling capabilities, but will result in low supply chain power.

• A.

  True

• B.

  False

B2B private e-marketplace provides a company with high supply chain power and high capabilities for online interactions

• A.

  True

• B.

  False

MROs :Direct materials used in activities that support production.

• A.

  True

• B.

  False

Companies that choose an intermediary to do their buying and selling will be low on both supply chain power and buying/selling capabilities.

• A.

  True

• B.

  False

PartnerNet customized Web pages for major customers and suppliers.

• A.

  True

• B.

  False

E-commerce sellers are increasingly motivated to sell surpluses and even regular products via auctions.

• A.

  True

• B.

  False

Benefits of e-procurement is decreasing the productivity of purchasing agents.

• A.

  True

• B.

  False

E-auctions provide an opportunity to buyers to find inexpensive or unique items fairly quickly 

• A.

  True

• B.

  False

Major benefits of direct sales are: Higher order-processing costs and more paperwork.

• A.

  True

• B.

  False

Benefits of B2B

1. Terminates paper and reduces administrative costs.

• A.

  True

• B.

  False