Question

Question 29

1. The _____ auction is a form of open auction in which bidding starts at a high price and drops until a bidder accepts the price.

   	a.	English
   	b.	reverse
   	c.	sealed-bid
   	d.	Dutch

2 points

Question 30

1. The _____ has been the coordinating body for standards in the United States since 1918.

   	a.	Association for Computing Machinery
   	b.	Institute of Electronic and Electrical Engineers
   	c.	Institution of Engineering and Technology
   	d.	American National Standards Institute

2 points

Question 31

1. The classic objective of _____ is to provide the right goods in the right quantities in the right place at the right time.

   	a.	procurement
   	b.	production
   	c.	logistics
   	d.	marketing

2 points

Question 32

1. The earliest written records of auctions are from _____.

   	a.	Huanbei
   	b.	Babylon
   	c.	Rome
   	d.	Athens

2 points

Question 33

1. The long-term relationships that are created among participants in the supply chain are called _____.

   	a.	quality partnerships
   	b.	supply alliances
   	c.	JIT alliances
   	d.	joint partnerships

2 points

Question 34

1. The most common format used on eBay is a computerized version of the _____ auction.

   	a.	sealed-bid
   	b.	double
   	c.	English
   	d.	Dutch

2 points

Question 35

1. The most popular and fastest growing third-party mobile operating system is _____.

   	a.	Symbian
   	b.	Android
   	c.	BlackBerry 10
   	d.	Apple iOS

2 points

Question 36

1. The roots of Web technology for business-to-business transactions lie in a hierarchically structured approach to inter-firm information transfer called _____.

   	a.	data terminal interoperation
   	b.	power line communication
   	c.	object technology
   	d.	electronic data interchange

2 points

Question 37

1. The trend toward having readers help write their own news is called _____ journalism.

   	a.	social
   	b.	participatory
   	c.	collaborative
   	d.	community

2 points

Question 38

1. The whole auction process is managed by a(n) _____.

   	a.	seller
   	b.	observer
   	c.	shill bidder
   	d.	auctioneer

2 points

Question 39

1. To use the services of a value-added network (VAN), a company must install electronic data interchange (EDI) _____ software that is compatible with the VAN.

   	a.	router
   	b.	translator
   	c.	switch
   	d.	interpreter

2 points

Question 40

1. Traditionally, large companies distribute excess inventory through _____.

   	a.	liquidation specialists
   	b.	third-party Web auction sites
   	c.	their own Web auction sites
   	d.	liquidation brokers

2 points

Question 41

1. Using Internet technologies to integrate the design, development, construction, testing and refinement of products is called: ___________

   	a.	direct connection
   	b.	collaborative commerce
   	c.	knowledge management
   	d.	smart sourcing

2 points

Question 42

1. Wary bidders in low-price auctions can check the_____ to protect themselves from being cheated.

   	a.	seller's records
   	b.	sniping software
   	c.	escrow services
   	d.	liquidation brokers

2 points

Question 43

1. When companies integrate their supply management and logistics activities across multiple participants in a particular product’s supply chain, the job of managing that integration is called _____.

   	a.	supply intelligence management
   	b.	supply chain management
   	c.	supply workflow planning
   	d.	supply resource planning

2 points

Question 44

1. _____ activities include managing the inbound movements of materials and supplies and the outbound movements of finished goods and services.

   	a.	Procurement
   	b.	Transaction
   	c.	Logistics
   	d.	Production

Answer 1

Dear Student ,

As per the requirement submitted above , kindly find the below solution.

Question 29:

Answer :d.Dutch

Explanation :The Dutch auction is a form of open auction in which bidding starts at a high price and drops until a bidder accepts the price.

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Question 30:

Answer :d.American National Standards Institute

Explanation :ANSI (American National Standards Institute) is  coordinating body for standards in the United States since 1918.

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Question 31:

Answer :c.logistics

Explanation :The classic objective of logistics is to provide the right goods in the right quantities in the right place at the right time.

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Question 32:

Answer :b.Babylon

Explanation :The earliest written records of auctions are from Babylon.

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Question 33:

Answer :b.supply alliances

Explanation :supply alliances is the long-term relationships that are created among participants in the supply chain.

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Question 34:

Answer :c.English

Explanation :The most common format used on eBay is a computerized version of the English auction.

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Question 35:

Answer :b.Android

Explanation :Android is the most popular mobile operating system now a days which is owned by google.

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Question 36:

Answer :d.electronic data interchange

Explanation :The roots of Web technology for business-to-business transactions lie in a hierarchically structured approach to inter-firm information transfer called electronic data interchange.

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Question 37:

Answer :b.participatory

Explanation :participatory journalism in which readers help write their own news

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Question 38:

Answer :d.auctioneer

Explanation :auctioneer is some one who is responsible for entire auction process.

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Question 39:

Answer :b.translator

Explanation :To use the services of a value-added network (VAN), a company must install electronic data interchange (EDI) translator software that is compatible with the VAN.

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Question 40:

Answer :c.their own Web auction sites

Explanation :large companies distributes their excess inventory through their own Web auction sites.

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Question 41:

Answer :b.collaborative commerce

Explanation :Using Internet technologies to integrate the design, development, construction, testing and refinement of products is called collaborative commerce.

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Question 42:

Answer :a.seller's records

Explanation :Wary bidders in low-price auctions can check the seller's records to protect themselves from being cheated.

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Question 43:

Answer :b.supply chain management

Explanation :When companies integrate their supply management and logistics activities across multiple participants in a particular product’s supply chain, the job of managing that integration is called supply chain management

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Question 44:

Answer :c.Logistics

Explanation :Logistics activities include managing the inbound movements of materials and supplies and the outbound movements of finished goods and services.

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NOTE : PLEASE FEEL FREE TO PROVIDE FEEDBACK ABOUT THE SOLUTION.