1|Page
COMMERCE 2KA3 Midterm Practice Questions with
Solution 2026 Complete Exam Review||Newest
Exam!!!!
In order to achieve maximum benefit from an enterprise
software package, a business should - Answers-o Change
the way it works to match the software's business
processes
Provide a digital environment where buyers and sellers
can establish prices for products - Answers-Market
Creators
Which of the following provides a suite of integrated
software modules for finance and accounting, human
resources, manufacturing and production, and sales and
marketing that allows data to be used by multiple functions
and business processes - Answers-Enterprise Resource
Planning Systems (ERP)
Which supply chain planning function determines how
much product is needed to satisfy all customer demands?
- Answers-Demand Planning
, 2|Page
A distortion of information about the demand for a product
as it passes from one entity to the next across the supply
chain is called the ___ effect - Answers-Bullwhip Effect
In the ____ revenue models, a firm offers some services
for free but charges a subscription fee for premium
services - Answers-Free/Freemium
An enterprise system can help reduce redundant business
processes - Answers-TRUE
Uber uses a form of dynamic pricing - Answers-TRUE
Information asymmetry exists when there is more
information about one product than there is about a similar
product - Answers-FALSE
Enterprise software is built around thousands of
predefined business processes that reflect: - Answers-
Best Practices
Disintermediation provides major benefits to the distributor
- Answers-FALSE
COMMERCE 2KA3 Midterm Practice Questions with
Solution 2026 Complete Exam Review||Newest
Exam!!!!
In order to achieve maximum benefit from an enterprise
software package, a business should - Answers-o Change
the way it works to match the software's business
processes
Provide a digital environment where buyers and sellers
can establish prices for products - Answers-Market
Creators
Which of the following provides a suite of integrated
software modules for finance and accounting, human
resources, manufacturing and production, and sales and
marketing that allows data to be used by multiple functions
and business processes - Answers-Enterprise Resource
Planning Systems (ERP)
Which supply chain planning function determines how
much product is needed to satisfy all customer demands?
- Answers-Demand Planning
, 2|Page
A distortion of information about the demand for a product
as it passes from one entity to the next across the supply
chain is called the ___ effect - Answers-Bullwhip Effect
In the ____ revenue models, a firm offers some services
for free but charges a subscription fee for premium
services - Answers-Free/Freemium
An enterprise system can help reduce redundant business
processes - Answers-TRUE
Uber uses a form of dynamic pricing - Answers-TRUE
Information asymmetry exists when there is more
information about one product than there is about a similar
product - Answers-FALSE
Enterprise software is built around thousands of
predefined business processes that reflect: - Answers-
Best Practices
Disintermediation provides major benefits to the distributor
- Answers-FALSE
