Chap12 Ais

Chapter 12 test bank
TRUE OR FALSE.
1. Private industrial networks are the largest form of B2B e-commerce.
ANS. TRUE
2. EDI systems are seller-side solutions.
ANS. FALSE
3. Net market places are growing at a faster rate than private industrial networks.
ANS. TRUE
4. E-distributors typically operate in vertical markets.
ANS. FALSE
5. Exchanges tend to be biased toward the seller even though they are independently owned and presumably neutral.
ANS. FALSE
6. Industry consortia are typically buyer-biased.
ANS. TRUE
7. Net marketplaces focus on continuous business process coordination between companies while private industrial networks are primarily transaction-based.
ANS. FALSE
8. Industry consortia are usually owned collectively by the major firms participating in the consortia while private industrial networks usually created by a single sponsoring company.
ANS. TRUE
9. Demand chain visibility is an element of collaborative commerce.
ANS. TRUE
10. The term B2B commerce refers to all types of computer-enabled inter-firm trade.
ANS. TRUE
11. Convist is an example of an:
a. E-distributor
b. E-procurement company
c. Exchange
d. Consortia
ANS. D
12. An ________ provides electronic catalogs that represent the products of thousands of direct manufacturers
a. E-distributor
b. E-procurement company
c. Exchange
d. Consortia
ANS. A
13. An ________ is an independently owned intermediary connecting hundreds of online suppliers offering millions of maintenance and repair products to business firms who pay fees to join the market.
a. E-distributor
b. E-procurement company
c. Exchange
d. Consortia
ANS. B
14. An ________ is an independently owned online marketplace that connects hundreds of supplier to potentially thousands of buyers in a dynamic, real-time environment.
a. E-distributor
b. E-procurement company
c. Exchange
d. Consortia
ANS. C
15. Which of the following was the first step in the development of B2B commerce?
a. EDI