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Business-to-Business Activities: Improving Efficiency and Reducing Costs

                8. Briefly define “knowledge management” and, in one or two paragraphs, explain how a
                   company might use Internet technologies to perform knowledge management.
                9. In two paragraphs, explain how the challenges facing smaller companies that wanted to
                   participate in electronic data interchange (EDI) were changed by widespread use of the
                   Internet.
               10. In about 100 words, explain how using EDI can lead to supply chain efficiencies.
               11. In one or two paragraphs, explain the differences between direct connection EDI and indi-  261
                   rect connection EDI.
               12. Write a paragraph that explains the advantages of using RFID technology instead of bar
                   code scanning technology in managing a business unit’s supply chain.
               13. In a paragraph or two, explain how the Web helps build and maintain trust among partici-
                   pants in a specific supply chain.
               14. In one or two paragraphs, describe the key elements of an independent industry
                   marketplace.


               Exercises

                1. Some business and political leaders argue that offshoring is dangerous because it can
                   move jobs from developed countries to less-developed countries. Others argue that
                   although offshoring might displace workers in the short run, in the longer term,
                   everyone benefits by having developing economies create new industries, products,
                   and markets for products and services that create high-level service and managerial
                   jobs in the developed world. In recent years, some economists have argued that off-
                   shoring today is having a negative impact on service and professional employment in
                   highly developed countries. Using resources in your library or online, present two
                   arguments for and two arguments against a U.S. company offshoring the management
                   of its customer relationships to technical and managerial personnel in a less-
                   developed country.
                2. Using your library or your favorite search engine, identify the main reason a large transpor-
                   tation company might want to use p-cards for its MRO spending. Summarize your findings
                   in two or three paragraphs.
                3. You have just started work as an intern in the purchasing department of Westridge Sys-
                   tems, a manufacturer of electronic control systems for manufacturing assembly lines. You
                   do not know much about electronic equipment, but your supervisor has given you the task
                   of identifying vendors who sell oscilloscopes that interface with personal computers. Use
                   the ThomasNet Web site to locate at least three vendors who offer such a product. For
                   each company, determine whether it offers products for sale on a Web site that discloses
                   prices and details about the products’ specifications. Summarize what you have learned
                   from your research about how each vendor sells its oscilloscopes online in a report of
                   approximately 150 words.
                4. Internet access from mobile devices (especially smartphones and tablets) has greatly
                   improved the work environment of long-distance truck drivers in recent years. Using your





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