Question 1

Vertical portals consisting of industry marketplaces, independent exchanges, and public marketplaces are known collectively as _____ marketplaces.

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The answer of Vertical portals consisting of industry marketplaces, independent...

Question 2

_____ is the ability to establish that a particular transaction actually occurred.

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The answer of _____ is the ability to establish that...

Question 3

What is the difference between indirect connection electronic data interchange (EDI) and direct connection electronic data interchange (EDI)?

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The answer of What is the difference between indirect connection...

Question 4

Differentiate between purchasing activities and procurement activities.

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The answer of Differentiate between purchasing activities and procurement activities....

Question 5

Some researchers use the term "_____" instead of "supply chain" because many industry value chains include many parallel lines that are interconnected in a network configuration made up of strategic alliances or complex configurations of outsourcing contracts.

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The answer of Some researchers use the term "_____" instead...

Question 6

_____ are small chips that use radio transmissions to track inventory.

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The answer of _____ are small chips that use radio...

Question 7

A(n) _____ system is a service that banks use to manage their accounts with each other.

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The answer of A(n) _____ system is a service that...

Question 8

Firms that exchange data in specific standard formats of electronic data interchange are said to be _____.

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Question 9

Companies in industries with long supply chains have, in the past, often found it difficult to maintain customer focus, which is sometimes called a(n) _____.

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Question 10

_____ prevents either party involved in an electronic data interchange (EDI) transaction from denying the transaction's validity or existence.

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The answer of _____ prevents either party involved in an...

Question 11

A(n) _____ is a vertical portal which is not controlled by a company that is an established buyer or seller in the industry.

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The answer of A(n) _____ is a vertical portal which...

Question 12

A(n) _____ is a company that provides communications equipment, software, and skills needed to receive, store, and forward electronic messages that contain electronic data interchange (EDI) transaction sets.

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The answer of A(n) _____ is a company that provides...

Question 13

_____ are the names of the formats for specific business data interchanges.

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The answer of _____ are the names of the formats...

Question 14

_____ business processes include activities such as making payments, processing payments received from customers, planning capital expenditures, and budgeting and planning to ensure that sufficient funds will be available to meet the organization's obligations as they come due.

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The answer of _____ business processes include activities such as...

Question 15

A(n) _____ is the movement of money from one bank account to another.

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The answer of A(n) _____ is the movement of money...

Question 16

The U.S.government's Bureau of Public Debt operates the _____ site, which allows individuals to buy savings bonds and financial institutions to buy treasury bills, bonds, and notes.

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The answer of The U.S.government's Bureau of Public Debt operates...

Question 17

_____ processes include activities such as hiring, training, and evaluating employees; administering benefits; and complying with government record-keeping regulations.

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The answer of _____ processes include activities such as hiring,...

Question 18

_____ tags can be placed anywhere on or in most items and are readable even when covered with packing materials, dirt, or plastic bands.

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The answer of _____ tags can be placed anywhere on...

Question 19

Differentiate between direct and indirect materials.

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The answer of Differentiate between direct and indirect materials....

Question 20

_____ are vertical portals which are open to new buyers and sellers just entering the industry.

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The answer of _____ are vertical portals which are open...

Quiz 5: Business-To-Business Activities: Improving Efficiency and Reducing Costs