NPTEL E-Business Week 3 Assignment Answers 2024

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NPTEL E-Business Week 3 Assignment Answers 2024

1. Which of the following options doesn’t hold true for the Enterprise Information Portal?

a. Act as company’s interface to the public rather than a personalized digital interface for specific users.
b. Access to company data for selected customers, suppliers or business partners.
c. Direct access to industry and business news.
d. None of the above.

Answer :- For Answer Click Here

2. Which of the following is a part of traditional procurement process, but does not appearin e-procurement process

a. Supplier selection
b. Purchase ordering
c. Invoicing
d. Early supplier involvement

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3. In case of Solicitation, which of the RFx seeks an opportunity for the potential suppliers to competitively set pricing for the final chosen solution?

a. Request for Information
b. Request for Quotation
c. Request for Proposal
d. All of the above

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4. Spend analysis is an activity of___________ level of management.

a. Top
b. Middle
с. Lower
d. All of the above

Answer :- 

5. Legal documents containing the price of the items to be procured and other terms and conditions is called

a. Bill of materials
b. Contracts
c. Quotations
d. Letter of credit

Answer :- 

6. During “Catalogue Buying” solution of e-procurement which of the following sequence events do follow

a. Formation of purchase consortium, contract negotiation and approval, item selection from the catalogue and purchase
b. Catalog service hosted by the supplier, Item selection, contract negotiation and
approval, Purchase by the designated employees
c. Item selection, contract negotiation and approval, Catalog service hosted by the
supplier, Purchase by the designated employees
d. Catalog service hosted by the supplier, Reverse auction on the items enlisted in the
catalogue, Item delivery by the supplier

Answer :- For Answer Click Here

7. The process of collecting, cleansing, classifying and analyzing expenditure data with the purpose of reducing procurement costs, improving efficiency and monitoring compliance is called

a. Expenditure analysis
b. Spend Analysis
c. Cost analysis
d. None of the above

Answer :- 

8. During e-procurement single-round price discovery process is called___________,whereas multi-round one is called_______.

a. Supplier selection, reverse auction
b. Reverse auction, online tendering
c. Online tendering, reverse auction
d. Online tendering, supplier selection

Answer :- 

9. Adoption of e-Procurement results in a lot of benefits to everyone involved. Which one of the following is a benefits of e-Procurement adoption?

а. Reduced price for goods
b. Lower inventory levels
C. Increased technological collaboration
d. All of the above

Answer :- 

10. How the most loyal and profitable customers found during Customer Relationship Management process?

a. Accessing customers’ e-mails and other online documents
b. Using SQL queries on customer data
C. Applying data mining and other analytics tools to customer data
d. Access to customer, inventory, and other corporate databases

Answer :- For Answer Click Here