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Topic 11 15Please let me know correct answer and explain it !Supply chain


Topic 11 1-5

Please let me know correct answer and explain it !

Supply chain

Management : Purchashin supply management (Electronic Sourcing)

  1. Which of the following are potential benefits of ERP systems?

a. Greater data accuracy

  • b. More streamlined processes
  • c. Greater efficiency
  • d. Improved visibility
  • e. All of the above

2.The competitiveness in reverse auctions is enabled by . . .?

a. Suppliers ability to see in real-time how their bids compare to those of rivals

  • b. Suppliers not being able to communicate with the buyer other than through the auction site
  • c. Suppliers knowing who the competing bidders are
  • d. Suppliers colluding
  • e. Suppliers being rewarded for superior quality

3.Which of the following statements on electronic sourcing is false?

a. Electronic sourcing is not a means to an end

  • b. Electronic sourcing replaces all human interaction
  • c. Electronic sourcing needs to be implemented very carefully
  • d. Electronic sourcing can streamline sourcing processes
  • e. Electronic sourcing enables you to focus on the important tasks

4.What does ThomasNet help you to do?

a. Help you in marketing efforts

  • b. Share information with suppliers
  • c. Negotiate with suppliers
  • d. Discover suppliers
  • e. Nothing

5.Why would your company use a sourcing application suite?

a. Data integrity

Supply Chain Management

Topic 11 15Please let me know correct answer and explain it !Supply chain