Topic 11 1-5Please 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