E-Business relationships

Question 1

what is a value chain?

Answer 1

a model that describes a series of value adding activities. It connects the supply side of a company with the demand side.

Question 2

What are the two different activities within the value chain?

Answer 2

Primary and support activities

Question 3

operational level ralationship?

Answer 3

copmanies decide internally what they need and look who can deliver. no sharing of information.

leads to independence and absance of opportunities to plan ahead.

Question 4

Tactical inter-firm relationship?

Answer 4

agreements for a period about amount and type of products.

Both organizations benefit from a more stable supplier/buyer relationship.

Question 5

What are the three types of business relationships?

Answer 5

1. Operational
2. Tactical
3. Strategical

Question 6

what are three potential problems for which e-business technology can provide solutions

Answer 6

1. most interactions between businesses are complex and infromation intensive
2. supply chains suffer from inefficiencies because of the inability to forecast the right product volumes and mixes
3. markets are fragmented and lack transparancy

Question 7

four types of transparancy

Answer 7

1. price transparancy
2. availabiltiy transparancy
3. supplier transparancy
4. product transparancy

Question 8

Primary activities of a value chain

Answer 8

1. inbound logistics
2. marketing/sales
3. operations
4. outbound logistics
5. services

Question 9

support activities of a value chain

Answer 9

1. firm infrastructure
2. human resource management
3. product / technology development
4. procurement