A website for human resource professionals presents news, information, and feature articles for free to attract users and sells advertising space on its website to businesses that want to aim their messages at these users. What type of online business model does this reflect?
A) B2B procurement
B) Fee-based content
C) Fee-based platform
D) Online-only retailing
E) Advertising based
Question 2 - Al recently became manager of a Dow Chemical plant. The plant has experienced significant increases in inventory and financial losses over the past two years due to poor supply-chain management practices. To begin solving this problem, Al invites suggestions from line workers, gathers managers from various levels of the plant to brainstorm, and talks with experts in the field of operations management. This step in the managerial decision-making process is known as:
A) identifying the problem.
B) generating alternatives.
C) selecting an alternative.
D) implementing a solution.
E) conceptualizing a solution.
Question 3 - A cut flower grower, shipper, and wholesaler uses an e-commerce software program on its website to allow florists to enter their own orders for flowers that are delivered by the end of the next business day. Which type of online business model does this reflect?
A) B2B procurement
B) Click-and-mortar retailing
C) B2C procurement
D) Fee-based platform
E) Advertising based
Question 4 - Once a manager has identified a problem, he or she can generate alternatives to that problem. After this is done, the manager:
A) implements the solution.
B) evaluates the decision he or she made.
C) brainstorms with his or her team.
D) selects the best alternative.
E) implements each solution and determines which had the best results.