Week 3 Assignment: Quiz
e Due Nov 10 at 11:59pm
» Points 100
» Questions 25
e Time Limit 45 Minutes
¢ Allowed Attempts 2
Instructions
N
This quiz covers information from Chapters 5 & 6
You have two attempts for this quiz. The time limit for each quiz is 45 minutes. The best score of the two attempts will be recorded in the grade book.
Take the Quiz Again
Attempt History
Attempt Time Score
LATEST Attempt 1 13 minutes 96 out of 100
Score for this attempt: 96 out of 100
Submitted Nov 12 at 9:12pm
This attempt took 13 minutes.
Question 1
4/4 pts
A(n) is a business-to-business (B2B) marketplace model that has a password-protected entrance and offers negotiated price reductions on a limited selection of products.
industry marketplace
public marketplace
Correct!
private store
independent exchange
Question 2
4/4 pts
People employed by a seller or an auctioneer to make bids on behalf of the seller are called .
auction agents
faux bidders
Correct!
shill bidders
auction dealers
Question 3
4 /4 pts
activities include managing the inbound movements of materials and supplies and the outbound movements of finished goods and services.
Procurement
Correct!
Logistics
Transaction
Production
Question 4
4/ 4 pts
An important characteristic of purchasing, logistics, and support activities is flexibility.
Correct!
True
False
Question 5
4 /4 pts
Second-price sealed-bid auctions are commonly called auctions.
open-outcry
Correct!
Vickrey
double
Dutch
Question 6
0/4pts
An independent exchange is a B2B marketplace model.
You Answered
True
Correct Answer
False
Question 7
4/ 4 pts
The general idea behind many social networking sites is that people are invited to join by existing members who think they would be valuable additions to the community.
Correct!
True
False
Question 8
4 /4 pts
The most successful consumer auction Web site today is eBay.
e Due Nov 10 at 11:59pm
» Points 100
» Questions 25
e Time Limit 45 Minutes
¢ Allowed Attempts 2
Instructions
N
This quiz covers information from Chapters 5 & 6
You have two attempts for this quiz. The time limit for each quiz is 45 minutes. The best score of the two attempts will be recorded in the grade book.
Take the Quiz Again
Attempt History
Attempt Time Score
LATEST Attempt 1 13 minutes 96 out of 100
Score for this attempt: 96 out of 100
Submitted Nov 12 at 9:12pm
This attempt took 13 minutes.
Question 1
4/4 pts
A(n) is a business-to-business (B2B) marketplace model that has a password-protected entrance and offers negotiated price reductions on a limited selection of products.
industry marketplace
public marketplace
Correct!
private store
independent exchange
Question 2
4/4 pts
People employed by a seller or an auctioneer to make bids on behalf of the seller are called .
auction agents
faux bidders
Correct!
shill bidders
auction dealers
Question 3
4 /4 pts
activities include managing the inbound movements of materials and supplies and the outbound movements of finished goods and services.
Procurement
Correct!
Logistics
Transaction
Production
Question 4
4/ 4 pts
An important characteristic of purchasing, logistics, and support activities is flexibility.
Correct!
True
False
Question 5
4 /4 pts
Second-price sealed-bid auctions are commonly called auctions.
open-outcry
Correct!
Vickrey
double
Dutch
Question 6
0/4pts
An independent exchange is a B2B marketplace model.
You Answered
True
Correct Answer
False
Question 7
4/ 4 pts
The general idea behind many social networking sites is that people are invited to join by existing members who think they would be valuable additions to the community.
Correct!
True
False
Question 8
4 /4 pts
The most successful consumer auction Web site today is eBay.