Question 1

With __________, a business sells to a business but delivers small quantities to customers of the buying business. 

A. B2B2C 

B. B2B 

C. B2C2B 

D. B2C 

 

Question 2  

A company-based acquisition site that uses e-procurement methods such as reverse auctions, negotiations, or group purchasing to overcome the manual searching of e-stores and e-malls, is referred to as a(n): 

A. desktop procurement method. 

B. buy-side e-marketplace. 

C. intermediary. 

D. aggregated catalog. 

 

Question 3  

Benefits of e-procurement over traditional procurement methods include all of the following EXCEPT: 

A. increasing the productivity of purchasing agents. 

B. lowering purchase prices through product standardization, reverse auctions, volume discounts, and consolidation of purchases. 

C. increasing the skill requirements and training needs of purchasing agents. 

D. streamlining invoice reconciliation and dispute resolution. 

 

Question 4  

In general, the benefits of contract-management software include all of the following EXCEPT: 

A. reducing contract negotiation time and efforts. 

B. reducing contract-related risks 

C. providing more efficient approval processes. 

D. enabling standardization of contracts throughout the enterprise.  

 

    • 8 years ago
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