111. Which of the following is not a primary function of a portal?
navigation of the Web
social networking
commerce
content
Correct answer: (B) social networking
112. An auction that has multiple winners that all pay the same price is an example of ______________.
uniform pricing
discriminatory pricing
bid rigging
price matching
Correct answer: (A) uniform pricing
113. The foundation for contemporary supply chain management systems includes all of the following except ______________.
supply chain simplification
continuous inventory replenishment
ERP systems
B2B electronic storefronts
Correct answer: (D) B2B electronic storefronts
114. ______________ is the encompassing term that involves the use of electronic platforms - intranets, extranets and the Internet - to conduct a company's business.
E-marketing
E-business
E-procurement
E-commerce
Correct answer: (B) E-business
115. A ______________ is a B2B trading network that links a particular seller with its own trading partners.
bitstream
virtual network
web community
private trading network
Correct answer: (D) private trading network
116. Compared to B2C e-commerce, B2B e-commerce is ______________.
of equal size
slightly smaller
slightly larger
much larger
Correct answer: (D) much larger
117. The type of firms that benefited the most during the consolidation period of e-commerce were ______________.
large, traditional firms
first movers
pure online companies
ISPs
Correct answer: (A) large, traditional firms
118. The ______________ business model involves an independently owned vertical digital marketplace for direct inputs.
e-distributor
exchange
e-procurement
private industrial network
Correct answer: (B) exchange
119. A strategy designed to compete in all markets around the globe is called a ______________ strategy.
scope
differentiation
cost
focus
Correct answer: (A) scope
120. Which of the following connections allows the fastest download speeds?