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________ can be supported more effectively and efficiently through direct buyer-seller negotiations that are either offline or online,which can be done in private exchanges.


A) Strategic sourcing
B) Spot buying
C) B2C e-commerce
D) MRO

E) B) and C)
F) None of the above

Correct Answer

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Which of the following is not one of the major benefits of B2B for both buyers and sellers?


A) expedites processing and reduces cycle time
B) reduces procurement costs
C) enables customized online catalogs with different prices for different customers
D) increases opportunities for collaboration

E) B) and D)
F) B) and C)

Correct Answer

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High-quality bicycle manufacturer Gregg's Cycles does not sell its products online,nor do they allow their bicycles to be sold online by others.By not selling online,Gregg's Cycles avoids ________ with its dealers and the independent bike shops that sell its bikes.


A) pricing conflict
B) channel conflict
C) multichannel distribution
D) disintermediation

E) All of the above
F) B) and C)

Correct Answer

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If a company wants to dispose of unwanted assets without advertising to the public that it is doing so,an intermediary-conducted public auction is a logical choice.

A) True
B) False

Correct Answer

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All are benefits of B2B except:


A) creates new sales or purchase opportunities
B) eliminates paper and reduces administrative costs
C) increases channel conflict
D) lowers search costs and time for buyers to find products and vendors

E) A) and D)
F) B) and C)

Correct Answer

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