BU460 Lesson 8 Exam SCORE 95 PERCENT

Question 1

5 / 5 points

________ is the market leader in C2C auctions.

Question options:

a) 

Amazon

b) 

eBay

c) 

uBid

d) 

eBid

Question 2

5 / 5 points

Which of the following primarily deal with indirect goods?

Question options:

a) 

E-distributors and industry consortia

b) 

E-distributors and e-procurement Net marketplaces

c) 

Exchanges and industry consortia

d) 

Exchanges and e-procurement Net marketplaces

Question 3

5 / 5 points

The fact that participating in an Internet auction means that you will need to purchase a computer, learn to use it, and pay for Internet access, is an example of __________ costs.

Question options:

a) 

equipment

b) 

fulfillment

c) 

delayed consumption

d) 

monitoring

Question 4

5 / 5 points

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

Question options:

a) 

production flexibility.

b) 

product cycle time.

c) 

opportunities to collaborate with suppliers and distributors.

d) 

visibility and real-time information sharing among all participants in the supply chain network.

Question 5

5 / 5 points

When sellers agree informally or formally to set floor prices on auction items below which they will not sell, it is known as:

Question options:

a) 

discriminatory pricing.

b) 

price matching.

c) 

bid rigging.

d) 

uniform pricing.

Question 6

5 / 5 points

Which of the following primarily involve long-term sourcing?

Question options:

a) 

E-distributors and exchanges

b) 

E-distributors and industry consortia

c) 

E-procurement Net marketplaces and exchanges

d) 

E-procurement Net marketplaces and industry consortia

Question 7

5 / 5 points

Which social network functionality allows users to create Web pages that describe themselves?

Question options:

a) 

Friends network

b) 

Profiles

c) 

Storage

d) 

Membership management tools

Question 8

5 / 5 points

Which of the following was a primary feature of early online communities?

Question options:

a) 

Chat

b) 

Network discovery

c) 

Widgets

d) 

Message boards

Question 9

5 / 5 points

One of the first online virtual communities was:

Question options:

a) 

The Well.

b) 

MySpace.

c) 

AOL.

d) 

Salon.com.

Question 10

5 / 5 points

Which of the following is an example of an e-procurement Net marketplace?

Question options:

a) 

Exostar

b) 

CostPlace

c) 

Grainger

d) 

Ariba

Question 11

5 / 5 points

Which of the following is the original social photo-sharing site?

Question options:

a) 

Facebook

b) 

Polyvore

c) 

Instagram

d) 

Flickr

Question 12

5 / 5 points

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

Question options:

a) 

administrative costs.

b) 

search costs.

c) 

price transparency.

d) 

transaction costs.

Question 13

5 / 5 points

In 2017, the total amount of B2B e-commerce in the United States was approximately:

Question options:

a) 

$6.3 billion.

b) 

$63 billion.

c) 

$630 billion.

d) 

$6.3 trillion.

Question 14

5 / 5 points

A(n) ________ auction, in which the highest bidder wins, is the most common form of auction.

Question options:

a) 

Dutch Internet

b) 

Japanese

c) 

English

d) 

reverse

Question 15

5 / 5 points

Facebook is an example of a(n) _______ network.

Question options:

a) 

interest-based social

b) 

affinity community/social

c) 

general community/social

d) 

practice

Question 16

5 / 5 points

Industry consortia are sometimes referred to as _______ markets.

Question options:

a) 

one-to-one

b) 

one-to-many

c) 

many-to-few

d) 

many-to-many

Question 17

0 / 5 points

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

Question options:

a) 

food-grade paper.  (Incorrect)

b) 

fax paper.

c) 

beef.

d) 

sugar.

Question 18

5 / 5 points

All of the following are forms of collaboration among businesses EXCEPT:

Question options:

a) 

RFQs.

b) 

CPFR.

c) 

demand chain visibility.

d) 

marketing coordination and product design.

Question 19

5 / 5 points

Which social network functionality allows users to easily post messages to the entire community?

Question options:

a) 

Message board

b) 

Chat

c) 

Instant messaging

d) 

E-mail

Question 20

5 / 5 points

The majority of inter-firm trade involves ________ goods.

Question options:

a) 

spot purchasing of direct

b) 

contract purchasing of indirect

c) 

contract purchasing of direct

d) 

spot purchasing of indirect


 

                        

 

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