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


ANSWER WILL BE SENT BY EMAIL.