ECOM 320 - Lesson 6 Exam Questions
& Answers (Grade A+)
Supply chain visibility -
correct answer ✅Access to up-to-date, accurate, relevant
information about supply chain processes to different stakeholders.
Machine-to-machine (M2M) applications -
correct answer ✅Objects are uniquely identified and tagged
through technologies such as RFID and made accessible through
Internet-like addresses.
Internet of Things -
correct answer ✅Objects are uniquely identified and tagged
through technologies such as RFID and made accessible through
Internet-like addresses.
Radio-frequency identification (RFID) -
correct answer ✅Microchip-based electronic tags are used for
monitoring anything they are attached to, whether inanimate
products or animate (people).
information asymmetry -
correct answer ✅Imperfect information sharing between
members of a supply chain which increases uncertainty about
demand and pricing.
, ECOM 320 - Lesson 6 Exam Questions
& Answers (Grade A+)
Information supply chain -
correct answer ✅An information-centric view of the supply chain
which addresses the organisational and technological challenges of
achieving technology-enabled supply chain management efficiency
and effectiveness.
virtual integration -
correct answer ✅The majority of supply chain activities are
undertaken and controlled outside the organisation by third parties.
Vertical integration -
correct answer ✅Practice where a single entity controls the entire
process of a product, from the raw materials to distribution
Virtualisation -
correct answer ✅The process of a company developing more of
the characteristics of the virtual organisation.
Virtual organisation -
correct answer ✅An organisation which uses information and
communications technology to allow it to operate without clearly
defined physical boundaries between different functions.
& Answers (Grade A+)
Supply chain visibility -
correct answer ✅Access to up-to-date, accurate, relevant
information about supply chain processes to different stakeholders.
Machine-to-machine (M2M) applications -
correct answer ✅Objects are uniquely identified and tagged
through technologies such as RFID and made accessible through
Internet-like addresses.
Internet of Things -
correct answer ✅Objects are uniquely identified and tagged
through technologies such as RFID and made accessible through
Internet-like addresses.
Radio-frequency identification (RFID) -
correct answer ✅Microchip-based electronic tags are used for
monitoring anything they are attached to, whether inanimate
products or animate (people).
information asymmetry -
correct answer ✅Imperfect information sharing between
members of a supply chain which increases uncertainty about
demand and pricing.
, ECOM 320 - Lesson 6 Exam Questions
& Answers (Grade A+)
Information supply chain -
correct answer ✅An information-centric view of the supply chain
which addresses the organisational and technological challenges of
achieving technology-enabled supply chain management efficiency
and effectiveness.
virtual integration -
correct answer ✅The majority of supply chain activities are
undertaken and controlled outside the organisation by third parties.
Vertical integration -
correct answer ✅Practice where a single entity controls the entire
process of a product, from the raw materials to distribution
Virtualisation -
correct answer ✅The process of a company developing more of
the characteristics of the virtual organisation.
Virtual organisation -
correct answer ✅An organisation which uses information and
communications technology to allow it to operate without clearly
defined physical boundaries between different functions.
