When comparing seat belt prices for his firm's auto assembly plant, purchasing manager Ernie Wong finds it most convenient to access the _____ for auto manufacturers.
A) cybermediary
B) logistics database
C) emarketplace
D) business intelligence system

Question

When comparing seat belt prices for his firm's auto assembly plant, purchasing manager Ernie Wong finds it most convenient to access the _____ for auto manufacturers.
A) cybermediary
B) logistics database
C) e­marketplace
D) business intelligence system

Quizplus · Accepted Answer

An e-marketplace is an online platform that connects buyers and sellers in a specific industry or market. In this case, Ernie Wong can access the e-marketplace specific for auto manufacturers to compare seat belt prices. This would provide him with access to multiple suppliers and likely more competitive prices. Cybermediary, logistics database, and business intelligence systems may provide some information, but an e-marketplace specifically for auto manufacturers would be the most reliable and comprehensive source for comparing prices.

When Comparing Seat Belt Prices for His Firm's Auto Assembly