question

T or F: Virtually all firms, both large and small, now use Electronic Data Interchange (EDI) systems.

answer

False

question

T or F: Collaborative commerce is primarily concerned with the development of a rich communications environment.

answer

True

question

T or F: MRO goods are also known as indirect goods.

answer

True

question

Analysts predict that B2B e-commerce in the United States will grow by 2016 to approximately:

answer

$5.6 trillion

question

Which of the following was the first step in the development of B2B commerce?

answer

automated order entry systems

question

Which of the following terms refers to the total flow of value among firms?

answer

total inter-firm trade

question

Which of the following is another name for a private industrial network?

answer

PTX

question

Which of the following is the fastest growing form of online B2B e-commerce?

answer

private industrial networks

question

What is the first step in the procurement process?

answer

search for suppliers

question

The last step in the procurement process is:

answer

sending a remittance payment.

question

Which of the following is a method of inventory cost management that seeks to eliminate excess inventory?

answer

just-in-time production

question

________ is a method for ensuring that suppliers precisely deliver ordered parts at a specific time and to a particular location.

answer

Tight coupling

question

EDI began as a(n) ________ system.

answer

document automation

question

A(n) ________ system continuously links the activities of buying, making, and moving products from suppliers to purchasing firms, as well as integrating order entry systems.

answer

SCM

question

Which of the following primarily deal with indirect goods?

answer

e-distributors and e-procurement Net marketplaces

question

Which of the following primarily deal with direct goods?

answer

exchanges and industry consortia

question

An ________ provides electronic catalogs that represent the products of thousands of direct manufacturers.

answer

e-distributor

question

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

answer

Ariba

question

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

answer

fax paper.

question

An ________ is an independently owned, online marketplace that connects hundreds to potentially thousands of suppliers and buyers in a dynamic, real-time environment.

answer

exchange

question

An ________ primarily serves businesses that primarily buy direct goods on a spot purchasing basis.

answer

exchange

question

An ________ primarily serves businesses that primarily buy direct goods on a contract purchasing basis.

answer

industry consortium

question

________ is another name for transorganizational business processes.

answer

Collaborative commerce

question

Private industrial networks are direct descendants of:

answer

existing EDI networks.

question

All of the following are key elements of a business model except:

answer

information technology strategy.

question

Which element of the business model addresses the question of why a customer should buy from the firm?

answer

value proposition

question

Which element of the business model examines who else occupies the firm's intended marketspace?

answer

competitive environment

question

Which of the following are Amazon's primary value propositions?

answer

selection and convenience

question

Your solar-panel manufacturing firm has developed a unique and patented process for creating high-efficiency solar panels at a fraction of current costs. This will enable your firm to adopt a strategy of:

answer

cost competition.

question

Stickiness is an important attribute for which revenue model?

answer

advertising revenue model

question

Which of the following companies utilizes a transaction fee revenue model?

answer

E*Trade

question

The existence of a large number of competitors in any one market segment may indicate:

answer

the market is saturated.

question

All of the following can be considered a direct or indirect competitor of Amazon.com except:

answer

Starbucks

question

The business model of e-distributors is quite similar to that of:

answer

e-tailers.

question

All of the following use an advertising revenue model except:

answer

Amazon (Facebook, yahoo, google do)

question

Which of the following statements about Groupon is not true?

answer

Groupon has yet to show a profit.

question

Horizontal or general portals primarily generate revenue in all of the following ways except:

answer

sales of goods.

question

A business document that specifically details how you plan on selling your product and find new customers is called a:

answer

market strategy.

question

Expedia is an example of a:

answer

transaction broker.

question

Exostar is an example of a(n):

answer

industry consortium.

question

Which of the following features of e-commerce technology changes industry structure by lowering barriers to entry but greatly expands the market at the same time?

answer

global reach

question

A ________ coordinates a firm's suppliers, distributors, and delivery firms with its own production needs using an Internet-based supply chain management system.

answer

Value Web

question

If you wished to leverage the ubiquitous nature of the Web to differentiate your product, you would:

answer

enable individual customization of the product by consumers.

question

A strategy designed to compete within a narrow market or product segment is called a ________ strategy.

answer

focus

question

The Computer Security Institute reported in its 2011 survey that approximately ________ percent of responding organizations experienced a computer security incident within the previous 12 months.

answer

45

question

According to the Computer Security Institute's 2011 Computer Crime and Security Survey, which of the following was the most commonly reported type of attack?

answer

malware infection

question

The six key dimensions to e-commerce security are nonrepudiation, authenticity, availability, integrity, privacy, and:

answer

confidentiality.

question

________ refers to the ability to ensure that e-commerce participants do not deny their online actions

answer

Nonrepudiation

question

________ refers to the ability to identify the person or entity with whom you are dealing on the Internet.

answer

Authenticity

question

Which of the following is an example of an integrity violation of e-commerce security?

answer

An unauthorized person intercepts an online communication and changes its contents.

question

Which of the following dimensions of e-commerce security is not provided for by encryption?

answer

availability

question

Malware that comes with a downloaded file that a user requests is called a:

answer

drive-by download

question

Proxy servers are also known as:

answer

dual home systems

question

A ________ is hardware or software that acts as a filter to prevent unwanted packets from entering a network.

answer

firewall

question

All of the following are methods of securing channels of communication except:

answer

FTP

question

A digital certificate contains all of the following except the:

answer

subject's private key.

question

T or F: A Trojan horse appears to be benign, but then does something other than expected.

answer

True

question

T or F: Phishing attacks rely on browser parasites.

answer

False

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