Foreign Trade University

E-COMMERCE 206

1)Which of the following is not a risk or cost of Internet auctions?

2. Social networks are challenging the traditional portal sites as millions of users make a social network their home or opening page.

3. The world's leading portal/search engine site, in terms of unique visitors, is:
4. When there are few sellers but many buyers, a market will typically be:
5. Which of the following involves e-mailing another seller's bidders and offering the same product for less?
6. Which of the following is not a true statement?
7. All of the following are situations in which markets fail to produce socially desirable outcomes except:
8. All of the following types of auctions have a buyer bias except:
9. Which of the following statements illustrates the network effects that portals are subject to?
10.                 pricing adjusts prices based on the location of the consumer.
11.                 is the tendency to gravitate toward, and bid for, auction listings with one or more existing bids.
12. A Web site designed to give parents of autistic children a common discussion area would be classified as a(n):
13. Portals compete with one another on:
14. Which of the following statements about social networks is true?
15. Each corporate purchase order for support products costs, on average, at least        in administrative overhead.
16. An          primarily serves businesses that primarily buy direct goods on a contract purchasing basis.
17. Which of the following was the first step in the development of B2B commerce?
18. Which of the following was not a development in the second stage of EDI's evolution?
19. A single supplier making an online catalog of products available to the public marketplace is called a(n):
20. Automated order entry systems are                         solutions.
21. Which of the following primarily serve horizontal markets?
22. The last step in the procurement process is:

23. Industry consortia are usually owned collectively by the major firms participating in the consortia, while private industrial networks usually are created by a single sponsoring company.
24. Which of the following is not an objective of a private industrial network?
25. EDI B2B e-commerce is the most rapidly growing type of B2B e- commerce.
26. An          primarily serves businesses that primarily buy direct goods on a spot purchasing basis.
27. A transorganizational business process requires at least two independent firms to perform.
28. Exchanges have proven successful in providing additional value- added services that transform the value chain for the entire industry.
29. E-distributors operate in horizontal markets.
30. MRO goods are also known as indirect goods.
31. Demand chain visibility is one goal of collaborative commerce.
32. Wood pulp purchased by a paper manufacturer is an example of:
33. An          primarily serves businesses that primarily buy indirect goods on a contract purchasing basis.
34. All of the following are methods of classifying Net marketplaces except:
35. Electronic Data Interchange (EDI) systems are seller-side solutions.
36. Exchanges have failed primarily because:

37. Private industrial networks are direct descendants of:
38. Private industrial networks provide few, if any, advantages for suppliers.
39. Which of the following is another name for a private industrial network?
40.                 is another name for transorganizational business processes.
41. Which of the following primarily deal with direct goods?
42. Exchanges tend to be biased toward the seller even though they are independently owned and presumably neutral.

43. Industry consortia are typically seller-biased.
44. An          provides electronic catalogs that represent the products of thousands of direct manufacturers.
45. An e-procurement Net marketplace is sometimes referred to as a:
46. Which of the following is not a typical barrier to the implementation of a private industrial network?
47. Which of the following primarily deal with indirect goods?
48. All of the following are major developments in supply chain management except:
49. Net marketplaces focus on continuous business process coordination between companies while private industrial networks are primarily transaction-based.
50. An          is an independently owned, online marketplace that connects hundreds to potentially thousands of suppliers and buyers in a dynamic, real-time environment.
51. What is the first step in the procurement process?
52. Which of the following primarily involve long-term sourcing?
53. The term B2B commerce refers to all types of computer-enabled interfirm trade.
54. An          is an independently owned intermediary connecting hundreds of online suppliers offering millions of maintenance and repair products to business firms that pay fees to join the market.
55. The majority of interfirm trade involves:
56. An example of an indirect good in the fast-food industry is:
57. The use of Internet-based B2B solutions promises to significantly reduce administrative costs of engaging in interfirm trade.
58. Which of the following terms refers to the total flow of value among firms?
59. Private industrial networks are the largest form of B2B e- commerce.
60.                 is a method for ensuring that suppliers precisely deliver ordered parts at a specific time and to a particular location.

61. An          primarily serves businesses that buy indirect goods on a spot purchasing basis.