List and briefly describe the four basic types of B2B transactions and activities
What will be an ideal response?
The four basic types of B2B transactions and activities are sell-side, buy-side, exchanges, and supply chain improvements and collaborative commerce. While sell-side refers to one seller to many buyers, buy-side refers to one buyer from many sellers. Exchanges involve many sellers to many buyers. Supply chain improvements and collaborative commerce refers to activities, other than buying or selling, among business partners, such as supply chain improvements, communication, collaboration, and information sharing for joint design and planning.
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A _______ is defined as a small group of people with complementary skills who are committed to a common purpose, performance goals, and approach for which they hold themselves accountable.
A. cross-functional team B. group C. team D. panel E. formal group
Which of the following is the least expensive method of collecting data?
A) personal interviews B) telephone interviews C) mail survey D) focus group
Which of the following is not a common form of conceptual database model?
a. hierarchical b. network c. sequential d. relational
In process costing, which of the following is recorded by debiting the Manufacturing Overhead account?
A) transfer of units from one process to the next B) direct labor costs incurred C) depreciation on factory machinery D) electricity used in the sales office