B2B commerce can be conducted directly between a customer and a manufacturer or it can be conducted via an online intermediary

a.

True

b.

False

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Question 17

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Intermediaries usually provide three types of services:

a.

they provide relevant information about demand, supply, prices, and trading requirements

b.

match sellers and buyers

c.

offer value-added services such as transfer of products, escrow, payment arrangements, consulting, or assistance in finding a business partner

d.

All mentioned

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Question 18

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B2B markets can be classified as:

a.

Strategic (systematic) sourcing and indirect materials equals MRO hubs (horizontal markets for MRO)

b.

Systematic sourcing and direct materials equals Vertical markets for direct material

c.

Spot buying and indirect materials equals Horizontal markets for spot sourcing

d.

Spot sourcing and direct materials equals Vertical markets

e.

All mentioned

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Question 19

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Buying a software product from Buy.com is pure EC, because ordering, processing, and delivery to the buyer are all digital

a.

True

b.

False

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Question 20

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Social computing concentrates on:

a.

improving collaboration

b.

interaction among people

c.

and user-generated content

d.

All mentioned

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