Net marketplaces may either support contractual purchasing based on long-term relationships with designated suppliers or short-term spot purchasing.
Answer: true
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MIS Chapter 10
- You are advising an accounting firm that wants to establish its first Web site. Approximately how much of the Web site budget should you assign to purchasing software?
- Which of the following is the least costly way to build a Web site?
- You are planning the requirements for a site tracking and reporting system for your company Web site. Which of the following information requirements would not be essential for this function?
- You are building an e-commerce Web site that will sell e-books and are looking for a hosted solution. Which of the following functionalities is least important for your business goals?
- Which of the following statements about m-commerce is not true?
- Goods that are involved in the actual production process are referred to as
- A third-party Net marketplace that connects many buyers and suppliers for spot purchasing is called a(n)
- A mapping of a person's significant online, personal relationships is called a social
- E-hubs are more ________ than private industrial networks.
- An extranet that links a large firm to its suppliers and other key business partners is called a(n)
- The process of sourcing goods and materials, negotiating with suppliers, paying for goods, and making delivery arrangements is called
- EDI is
- Which of the following statements about B2B commerce is not true?
- Which of the following was the leading online advertising format in 2012?
- Exposing an individual to ads that are chosen and based on the recorded and analyzed online behavior of the individual is referred to as
- Netflix's public announcement of a reward for a technology solution to its movie recommendation system is an example of
- ______ describes the concept that a large group of people is better at making correct decisions than a single person.
- Which of the following best illustrates the transaction fee revenue model?
- Which of the following best illustrates the affiliate revenue model?
- In which of the following revenue models does a Web site charge a fee for access to some or all of its offerings on a continual, regular basis?
- Which of the following best illustrates the sales revenue model?
- Which of the following best describes why small world theory is important to e-commerce?
- Market creators
- Transaction brokers
- Which of the following Internet business models does Amazon.com use?
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