University of Texas, Arlington INSY 3330 1)Explain the differences among total inter-firm trade, B2B commerce, and B2B e- commerce

University of Texas, Arlington

INSY 3330

1)Explain the differences among total inter-firm trade, B2B commerce, and B2B e- commerce.

2. What are the key attributes of electronic storefronts? What early technology are they descended from?

3. List at least five potential benefits of B2B e-commerce

4. Name and define the two distinct types of procurements firms make. Explain the difference between the two.

5. Name and define the two methods of purchasing goods.

the immediate needs of a firm. Indirect purchases are most often made on a spot purchase basis in a large marketplace that includes many suppliers.

6. Define the term supply chain and explain what SCM systems attempt to do. What does supply chain simplification entail?

7. Explain the difference between a horizontal market and a vertical market.

8. How do the value chain management services provided by e-procurement companies benefit buyers? What services do they provide to suppliers?

9. What are the three dimensions that characterize an e-procurement market based on its business functionality? Name two other market characteristics of an e-procurement Net marketplace.

10. Identify and briefly explain the anti-competitive possibilities inherent in Net marketplaces.

11. List three of the objectives of a private industrial network.

12. What is the main reason why many of the independent exchanges developed in the early days of e-commerce failed?

13. What is CPFR, and what benefits could it achieve for the members of a private industrial network?

14. What are the barriers to the complete implementation of private industrial networks?