7 Eprocurement brings about all these benefits cost reductio

7	E-procurement brings about all these benefits: cost reduction, better search for prices but it cannot bring about standardized procurement process development.
Select one:
True
False
8	Integrated functional IS are not necessary to ensure effective and efficient execution of activities as they do not support cross functional objectives.
Select one:
True
False
9	Collaborative planning, forecasting and replenishment is used as a tool by businesses together with their suppliers and retailers to ensure
Select one:
a. That customers have good perception about brand
b. That there is right amount of raw material and finished goods where needed.
c. That all suppliers are well aware of their tax liabilities
10	Search engine is not an element that can facilitate interaction on a virtual community.
Select one:
True
False

7	E-procurement brings about all these benefits: cost reduction, better search for prices but it cannot bring about standardized procurement process development.
Select one:
True
False
8	Integrated functional IS are not necessary to ensure effective and efficient execution of activities as they do not support cross functional objectives.
Select one:
True
False
9	Collaborative planning, forecasting and replenishment is used as a tool by businesses together with their suppliers and retailers to ensure
Select one:
a. That customers have good perception about brand
b. That there is right amount of raw material and finished goods where needed.
c. That all suppliers are well aware of their tax liabilities
10	Search engine is not an element that can facilitate interaction on a virtual community.
Select one:
True
False

Answer 7:

Its False

Reason: Its not true because E-procurement provides standardized approval processes and formal workflows.

Answer 8:

Its False

Reason: We required the integrated functional IS , to ensure the effective and efficient execution.

Answer 9:

b. That there is right amount of raw material and finished goods where needed.

Answer 10:

False

Reason: Search engine is an major element that facilitate interaction