bis219_final_exam_1

Apr 8th, 2015
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Hi there.This document contains A+ work for the course BIS 219.I am sure that this work will not disappoint you.This document will give you the correct answers to the respective questions about the particular course.

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1. To survive and succeed in the New Economy, Orbis Inc.'s supply chain model was transformed from a:a) hub-like supply chain to a linear supply chain. b) linear supply chain to a hub-like supply chain.c) multiple layer supply chain to a single layer supply chain.d) single layer supply chain to a multiple layer supply chain.e) spoke like2. An office supply broker combines orders from fifteen small offices into a single order, which results in a much lower price for each of the small offices due to volume discounts. This is an example of the _______________ EC business model.a) dynamic brokeringb) group purchasingc) reverse auctionsd) discount purchasinge) none of the above3. According to Metcalfe's Law, the value of a network grows roughly by a power of _______________ of the number of its users (or nodes).a) threeb) fourc) twod) fivee) six4. General Electric lists the specifications for a kind of wire needed in the manufacture of light bulbs on its Trading Process Network (TPN) site. GE asks potential suppliers to submit the price at which they would be willing to supply the wire. This is an example of a(n):a) forward auction. b) reverse auction.c) private auction.d) independent auction.e) none of the above5. Characteristics of a digital economy include all of the following EXCEPT:a) a vast array of digitizable products like databases, news, information, books, and musical CDsb) consumers and firms conducting financial transactions digitallyc)

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