Net Marketplaces

question 34

Multiple Choice

Net marketplaces

• A) focus on continuous business process coordination between companies for supply chain management.
• B) are industry owned or operate as independent intermediaries between buyers and sellers.
• C) are geared towards short-term spot purchasing.
• D) are more relationship oriented than private industrial networks.

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Definitions:

English Culture

The customs, traditions, arts, social norms, and values that are characteristic of the English people and society.

Puritans

A group of English Protestants in the 16th and 17th centuries who sought to "purify" the Church of England from its "Catholic" practices.

Elect

To choose or decide on a candidate or proposal by voting, often used in the context of selecting government officials or adopting measures in democratic systems.