Multiple choice
Thehonest
Question 1
A third party that operates an exchange and, in many cases, also owns the exchange is known as a(n):
A. intermediary.
B. market maker.
C. negotiator.
D. agent.
Question 2
ChemConnect is an example of a successful e-exchange with:
A. many buyers and many sellers.
B. few buyers and few sellers.
C. many buyers and one seller.
D. many buyers and few sellers.
Question 3
In the context of EC, __________ are electronic trading-community meeting places for many sellers and many buyers, and possibly for other business partners.
A. exchanges
B. portals
C. social networks
D. B2C
Question 4
Markets in which several large sellers sell to a large number of buyers are called:
A. differentiated markets.
B. fragmented markets.
C. buyer-concentrated markets.
D. seller-concentrated markets.
- 10 years ago
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