Podcast
Questions and Answers
What is the primary purpose of private industrial networks?
What is the primary purpose of private industrial networks?
- To share product design and development with suppliers and partners (correct)
- To connect thousands of suppliers and buyers
- To auction goods and services
- To generate revenue from transaction fees
What is the main characteristic of net marketplaces?
What is the main characteristic of net marketplaces?
- They focus on indirect goods only
- They connect many buyers and sellers (correct)
- They are used for spot purchasing
- They are owned by a single buyer
What drove prices down in exchanges, but did not offer long-term relationships or services?
What drove prices down in exchanges, but did not offer long-term relationships or services?
- Fixed prices
- RFQs
- Negotiation
- Competitive bidding (correct)
What is the most important factor in driving the technology and design of an e-commerce site?
What is the most important factor in driving the technology and design of an e-commerce site?
What is the current trend in m-commerce revenue?
What is the current trend in m-commerce revenue?
What is essential for assembling a team to make decisions about an e-commerce site?
What is essential for assembling a team to make decisions about an e-commerce site?
What is the main effect of personalization/customization technology in e-commerce?
What is the main effect of personalization/customization technology in e-commerce?
What is the primary advantage of digital goods in e-commerce?
What is the primary advantage of digital goods in e-commerce?
Which type of e-commerce involves online transactions between individuals?
Which type of e-commerce involves online transactions between individuals?
What is the primary goal of long tail marketing in e-commerce?
What is the primary goal of long tail marketing in e-commerce?
What is the purpose of electronic data interchange (EDI) in business-to-business e-commerce?
What is the purpose of electronic data interchange (EDI) in business-to-business e-commerce?
What is the main benefit of social networking in e-commerce?
What is the main benefit of social networking in e-commerce?
What is the primary goal of implementing an Enterprise System?
What is the primary goal of implementing an Enterprise System?
What is the term for the network of organizations and processes for procuring raw materials, transforming them into products, and distributing the products?
What is the term for the network of organizations and processes for procuring raw materials, transforming them into products, and distributing the products?
What is the term for the phenomenon where information about product demand gets distorted as it passes from one entity to the next across the supply chain?
What is the term for the phenomenon where information about product demand gets distorted as it passes from one entity to the next across the supply chain?
What is the primary function of Supply Chain Planning systems?
What is the primary function of Supply Chain Planning systems?
What is the term for the strategy of maintaining a buffer stock to compensate for lack of flexibility in the supply chain?
What is the term for the strategy of maintaining a buffer stock to compensate for lack of flexibility in the supply chain?
What is the term for the process of capturing and integrating customer data from all over the organization and consolidating and analyzing customer data?
What is the term for the process of capturing and integrating customer data from all over the organization and consolidating and analyzing customer data?
What is the primary benefit of implementing a Supply Chain Management system?
What is the primary benefit of implementing a Supply Chain Management system?
What is the term for the model where customer orders trigger events in the supply chain?
What is the term for the model where customer orders trigger events in the supply chain?
What is the term for the type of supply chain where information and materials flow sequentially from company to company?
What is the term for the type of supply chain where information and materials flow sequentially from company to company?
What is the primary function of Customer Relationship Management (CRM) systems?
What is the primary function of Customer Relationship Management (CRM) systems?
What is a primary function of private industrial networks?
What is a primary function of private industrial networks?
What is a characteristic of net marketplaces?
What is a characteristic of net marketplaces?
What is a consequence of increased price transparency in online marketplaces?
What is a consequence of increased price transparency in online marketplaces?
What was a major issue with exchanges that proliferated during the early years of e-commerce?
What was a major issue with exchanges that proliferated during the early years of e-commerce?
What type of marketplaces connect thousands of suppliers and buyers for spot purchasing?
What type of marketplaces connect thousands of suppliers and buyers for spot purchasing?
What is a key difference between private industrial networks and net marketplaces?
What is a key difference between private industrial networks and net marketplaces?
What type of systems enable increasing meeting size and increasing productivity?
What type of systems enable increasing meeting size and increasing productivity?
What is the primary objective of rationalization of procedures?
What is the primary objective of rationalization of procedures?
What is the purpose of business process redesign?
What is the purpose of business process redesign?
What is the primary benefit of automation?
What is the primary benefit of automation?
What is the purpose of total quality management (TQM) and six sigma?
What is the purpose of total quality management (TQM) and six sigma?
What is the purpose of drill-down capabilities?
What is the purpose of drill-down capabilities?
