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Flashcards	27
Students	12
Language	English
Category	Macro-Economics
Level	University
Created / Updated	29.11.2021 / 30.05.2025
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Which statements regarding Disintermediation in the Supply Chain are true?

The more specialized a company's services are in the supply chain, the lower the risk of disintermediation.

Intermediation only makes sense if the cost of a direct transaction between supplier and buyer are lower than the cumulative costs costsof transactions between supplier, intermediary and buyer.

If digitalization makes it possible to retrieve information independent of time and location, this promotes intermediation.

The risk of disintermediation is rather low for companies that handle high flows of goods and simultaneously process complex information.

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The more specialized a company's services are in the supply chain, the lower the risk of disintermediation.

Intermediation only makes sense if the cost of a direct transaction between supplier and buyer are lower than the cumulative costs costsof transactions between supplier, intermediary and buyer.

If digitalization makes it possible to retrieve information independent of time and location, this promotes intermediation.

The risk of disintermediation is rather low for companies that handle high flows of goods and simultaneously process complex information.

Which statements regarding the Systematization of Networks are true?

A structure-related approach is, for example, based upon social criteria (power relationships, basis of trust, network culture, conflict potential).

A structure-related approach is, for example, based upon the IT relationship (integration and data exchange via online shop or EDI).

A structure-related approach is, for example, by size (number of actors, spatial dimensions)

A structure-related approach is, for example, based upon Meta-Logistics (cross-company logistics).

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A structure-related approach is, for example, based upon social criteria (power relationships, basis of trust, network culture, conflict potential).

A structure-related approach is, for example, based upon the IT relationship (integration and data exchange via online shop or EDI).

A structure-related approach is, for example, by size (number of actors, spatial dimensions)

A structure-related approach is, for example, based upon Meta-Logistics (cross-company logistics).

Which statements regarding the characteristics of Supply Chain Networks are true?

An exchange (transactions) takes place between the actors (individuals or organizations).

The partners are interdependent across dyads (a dyad is a relationship between two).

The partners are interdependent across decades (a decade is a three-party or triangular relationship).

Within the network, actors are prepared for a multi-level compensation (balance between investment and subjective benefit).

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An exchange (transactions) takes place between the actors (individuals or organizations).

The partners are interdependent across dyads (a dyad is a relationship between two).

The partners are interdependent across decades (a decade is a three-party or triangular relationship).

Within the network, actors are prepared for a multi-level compensation (balance between investment and subjective benefit).

From a Supply Chain Management perspective, which statements regarding Network Levels, respectively Partial Networks, are true?

The three classical network levels are: goods networks, information networks and social networks

The three classical network levels are: goods networks, institutional networks and financial networks

The three classical network levels are: goods networks, information networks and financial Networks.

A distinction can be made between three classical and two additional network levels.

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The three classical network levels are: goods networks, information networks and social networks

The three classical network levels are: goods networks, institutional networks and financial networks

The three classical network levels are: goods networks, information networks and financial Networks.

A distinction can be made between three classical and two additional network levels.

Which statements regarding the Systematization of Networks are true?

A structure-related approach is, for example, based upon the SCOR model (four levels).

A structure-related approach is, for example, based upon the development stage of the supply chain (initializing, processing and reconfiguration).

A level-related approach is, for example, based upon Meta-Logistics (cross-company logistics).

A structure-related approach is, for example, based upon social criteria (power relations, basis of trust, network culture, conflict potential).

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A structure-related approach is, for example, based upon the SCOR model (four levels).

A structure-related approach is, for example, based upon the development stage of the supply chain (initializing, processing and reconfiguration).

A level-related approach is, for example, based upon Meta-Logistics (cross-company logistics).

A structure-related approach is, for example, based upon social criteria (power relations, basis of trust, network culture, conflict potential).

Which statements regarding Cooperation Strategies are true?

Vertical cooperation strategies refer to the upstream or downstream value creation partner.

Coopetition refers to the cooperation and competition between companies.

Vertical cooperation strategies include customer and supplier cooperation.

Strategic alliances are basically the same as Coopetition.

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Vertical cooperation strategies refer to the upstream or downstream value creation partner.

Coopetition refers to the cooperation and competition between companies.

Vertical cooperation strategies include customer and supplier cooperation.

Strategic alliances are basically the same as Coopetition.

From a Supply Chain Management perspective, which statements regarding Network Types are true?

With multiplication networks it is about the mass application of finished concepts.

Transport networks are about classical logistics, the relocation of physical goods in location and time.

Reproduction networks involve the selective cooperation of actors with a focus on division of labor, know-how transfer and cost splitting.

Innovation networks are about the routine production of tangible and intangible objects.

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With multiplication networks it is about the mass application of finished concepts.

Transport networks are about classical logistics, the relocation of physical goods in location and time.

Reproduction networks involve the selective cooperation of actors with a focus on division of labor, know-how transfer and cost splitting.

Innovation networks are about the routine production of tangible and intangible objects.

Which statements regarding Intermediation in der Supply Chain are true?

The availability of information, for example regarding pricing and the nature of goods, reduces search costs.

The provision of trust-building instances promotes opportunistic behavior on side of the market.

Bringing supply and demand together at a central point increases information asymmetry.

The use of ICT technologies leads to an increase in transaction costs.

The availability of information, for example regarding pricing and the nature of goods, reduces search costs.

The provision of trust-building instances promotes opportunistic behavior on side of the market.

Bringing supply and demand together at a central point increases information asymmetry.

The use of ICT technologies leads to an increase in transaction costs.

Which statements regarding the Advantages and Disadvantages of Digitalization are true?

The increased transparency in freight networks (for example through tracking & tracing) has a negative effect on the timeliness of data.

One advantage is that the dependence on suppliers increases, for example no more failures due to tightly calculated inventories.

One drawback (disadvantage) is that social networks are becoming increasingly important for building and maintaining the supply chain.

An advantage in the form of efficiency gains can result from the acceleration of flows in information and financial networks.

The increased transparency in freight networks (for example through tracking & tracing) has a negative effect on the timeliness of data.

One advantage is that the dependence on suppliers increases, for example no more failures due to tightly calculated inventories.

One drawback (disadvantage) is that social networks are becoming increasingly important for building and maintaining the supply chain.

An advantage in the form of efficiency gains can result from the acceleration of flows in information and financial networks.

Which statements regarding the Opportunities and Risks of Digitalization are true?

Existing business partners in the supply chain may face the risk of disintermediation.

One opportunity is that through the extensive data collection in information and financial networks, the own organization can secretly access and evaluate data.

Virtual organizations with the best companies worldwide are always at risk of lock-in.

There is an opportunity that economies of scale and density effects can be achieved faster in digital networks.

Existing business partners in the supply chain may face the risk of disintermediation.

One opportunity is that through the extensive data collection in information and financial networks, the own organization can secretly access and evaluate data.

Virtual organizations with the best companies worldwide are always at risk of lock-in.

There is an opportunity that economies of scale and density effects can be achieved faster in digital networks.

Which statements regarding Disintermediation in der Supply Chain are true?

If digitalization makes it possible to access information independent of time and location, this can promote disintermediation.

Especially in the case of products that do not require any advice or do not need to be viewed and evaluated in real life,disintermediation can occur.

The risk of disintermediation is very high for companies that handle large flows of goods and simultaneously process complex information.

Disintermediation only makes sense, if the cost of a direct transaction between supplier and buyer are lower than the cumulative costs of transactions between supplier, intermediary and buyer.

If digitalization makes it possible to access information independent of time and location, this can promote disintermediation.

Especially in the case of products that do not require any advice or do not need to be viewed and evaluated in real life,disintermediation can occur.

The risk of disintermediation is very high for companies that handle large flows of goods and simultaneously process complex information.

Disintermediation only makes sense, if the cost of a direct transaction between supplier and buyer are lower than the cumulative costs of transactions between supplier, intermediary and buyer.

Which statements regarding Goods-Dominant (GDL) and Service-Dominant Logic (SDL) are true?

With GDL, value is handed over to the customers in transactions (Value-in-Exchange).

With GDL, value is continuously generated by customers (service).

With SDL, value is consumed by customers (consumption).

With SDL, value in use is handed over to the customer (Value-in-Use).

With GDL, value is handed over to the customers in transactions (Value-in-Exchange).

With GDL, value is continuously generated by customers (service).

With SDL, value is consumed by customers (consumption).

With SDL, value in use is handed over to the customer (Value-in-Use).

Which statements regarding Goods-Dominant (GDL) and Service-Dominant Logic (SDL) are true?

"Services" as a form of output (service in the sense of GDL).

SDL distinguishes between "service" in the singular and the term "services" in the plural.

"Service" as the application of competencies (knowledge and skills).

With SDL, everything is a "service", including material goods.

"Services" as a form of output (service in the sense of GDL).

SDL distinguishes between "service" in the singular and the term "services" in the plural.

"Service" as the application of competencies (knowledge and skills).

With SDL, everything is a "service", including material goods.

Which statements regarding Everything as a Service (XaaS) are true?

XaaS also stands for the digital transformation of services.

The XaaS concept is about the sheer infinite possibilities of the service offering through simplified data exchange.

XaaS became possible through simplified data exchange via cloud computing.

XaaS is an attempt to contain the constantly changing customer requirements.

XaaS also stands for the digital transformation of services.

The XaaS concept is about the sheer infinite possibilities of the service offering through simplified data exchange.

XaaS became possible through simplified data exchange via cloud computing.

XaaS is an attempt to contain the constantly changing customer requirements.

From the perspective of business administration which statements regarding the term Network are true?

The term "network" refers to the social networking of customers with employees (Facebook, Linkedin).

The term "network" describes a political organizational form (for the purpose of lobbying).

The term "network" can be understood as an innovative, superior organizational form (Value-Net or Value Network, virtual companies).

The term "network" can be understood as a natural organizational form (transport and communication networks, banks and insurance companies, etc.)

The term "network" refers to the social networking of customers with employees (Facebook, Linkedin).

The term "network" describes a political organizational form (for the purpose of lobbying).

The term "network" can be understood as an innovative, superior organizational form (Value-Net or Value Network, virtual companies).

The term "network" can be understood as a natural organizational form (transport and communication networks, banks and insurance companies, etc.)

Which statements regarding the characteristics of Supply Chain Networks are true?

Decision-making processes are subject to simple reflexivity.

Decisions of an actor are only derived from the individual target function of the organization.

The partners are interdependent across decades (a decade is a three-corner or triangular relationship).

Decision-making processes are subject to double reflexivity.

Decision-making processes are subject to simple reflexivity.

Decisions of an actor are only derived from the individual target function of the organization.

The partners are interdependent across decades (a decade is a three-corner or triangular relationship).

Decision-making processes are subject to double reflexivity.

From a Supply Chain Management perspective, which statements regarding Network Levels or Partial Networks are true?

Financial networks can be viewed according to three aspects: functional, institutional and financial.

Financial networks also deal with equity investments in networks (for example mutual stock ownership).

Networks of goods deal with intangible goods in communication and data networks.

An essential component of social networks is social control among partners.

Financial networks can be viewed according to three aspects: functional, institutional and financial.

Financial networks also deal with equity investments in networks (for example mutual stock ownership).

Networks of goods deal with intangible goods in communication and data networks.

An essential component of social networks is social control among partners.

Supply Chain Management 9/12 - Business Models in the Networked Economy

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