| Course |
BGMT-309-30 |
| Test |
Quiz_5 |
| Started |
10/2/16 11:53 PM |
| Submitted |
10/3/16 12:05 AM |
| Status |
Completed |
| Attempt Score |
9.5 out of 10 points |
| Time Elapsed |
12 minutes out of 40 minutes |
| Results Displayed |
Submitted Answers, Correct Answers |
0.5 out of 0.5 points
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By using the Internet and automatic-response software agents, GE reduced the cost of customer service calls from $5 per call when done by phone to ________ per electronically answered call. |
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| Selected Answer: |
$0.20 |
| Correct Answer: |
$0.20 |
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0 out of 0.5 points
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Purchases of goods and services based on long-term contracts is referred to as |
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| Selected Answer: |
spot buying. |
| Correct Answer: |
strategic sourcing. |
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0.5 out of 0.5 points
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Companies use ________ to sell their unneeded assets for quick disposal or to dispose of excess, obsolete, and returned products. |
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| Selected Answer: |
forward auctions |
| Correct Answer: |
forward auctions |
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0.5 out of 0.5 points
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B2B transactions involving communication, design, planning, information sharing, and activities beyond financial transactions among business partners describes |
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| Selected Answer: |
collaborative commerce. |
| Correct Answer: |
collaborative commerce. |
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0.5 out of 0.5 points
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A corporate-based acquisition site that uses reverse auctions, negotiations, group purchasing, or any other e-procurement method best defines |
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| Selected Answer: |
buy-side e-marketplace. |
| Correct Answer: |
buy-side e-marketplace. |
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0.5 out of 0.5 points
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________ is an online third party that brokers B2B transactions between a buyer and seller. |
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| Selected Answer: |
Online intermediary |
| Correct Answer: |
Online intermediary |
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0.5 out of 0.5 points
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E-procurement methods include bartering, catalogs, and banners. |
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| Selected Answer: |
False |
| Correct Answer: |
False |
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0.5 out of 0.5 points
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An online intermediary is an online third party that brokers a transaction online between a buyer and a seller. |
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| Selected Answer: |
True |
| Correct Answer: |
True |
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0.5 out of 0.5 points
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In selling directly, manufacturers may encounter a similar problem to that of B2C, namely ________ with the regular distributors, including corporate dealers. |
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| Selected Answer: |
channel conflict |
| Correct Answer: |
channel conflict |
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0.5 out of 0.5 points
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Companies will usually separate B2C orders from B2B orders because B2C and B2B orders have different |
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| Selected Answer: |
order-fulfillment processes and pricing models. |
| Correct Answer: |
order-fulfillment processes and pricing models. |
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0.5 out of 0.5 points
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Each of the following is a major type of B2B structural model except |
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| Selected Answer: |
collaborative union. |
| Correct Answer: |
collaborative union. |
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0.5 out of 0.5 points
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Which of the following is a Web-based marketplace in which one company sells to many business buyers from e-catalogs or auctions, frequently over an extranet? |
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| Selected Answer: |
sell-side e-marketplace |
| Correct Answer: |
sell-side e-marketplace |
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0.5 out of 0.5 points
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An example of a successful aggregation of suppliers’ catalogs is that of ________, which aggregates more than 10,000 items from the catalogs of approved suppliers into an internal electronic catalog. |
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| Selected Answer: |
MasterCard International |
| Correct Answer: |
MasterCard International |
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0.5 out of 0.5 points
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The aggregated catalogs of all approved suppliers combined into a single internal electronic catalog describes |
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| Selected Answer: |
internal procurement marketplace. |
| Correct Answer: |
internal procurement marketplace. |
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0.5 out of 0.5 points
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Benefits of forward auctions to B2B sellers include |
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| Selected Answer: |
All of these. |
| Correct Answer: |
All of these. |
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0.5 out of 0.5 points
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Which of the following were used by Portsmouth Hospitals to increase performance by reducing costs and expediting processes? |
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| Selected Answer: |
electronic auctions |
| Correct Answer: |
electronic auctions |
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0.5 out of 0.5 points
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The primary purpose of group purchasing is to |
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| Selected Answer: |
negotiate better prices. |
| Correct Answer: |
negotiate better prices. |
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0.5 out of 0.5 points
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Which of the following is a group purchasing model? |
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| Selected Answer: |
internal aggregation |
| Correct Answer: |
internal aggregation |
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0.5 out of 0.5 points
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B2C and B2B orders have similar order-fulfillment processes and pricing models. |
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| Selected Answer: |
False |
| Correct Answer: |
False |
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0.5 out of 0.5 points
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With a bartering exchange, a company submits its surplus to the exchange and receives |
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| Selected Answer: |
points of credit, which the company can then use to buy items that it needs. |
| Correct Answer: |
points of credit, which the company can then use to buy items that it needs. |
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Friday, December 30, 2016 10:22:09 AM EST
