List five major benefits of B2B for buyers or sellers or both
What will be an ideal response?
Major benefits of B2B for buyers, sellers, or both include (1 ) creating new sales or purchase opportunities; (2 ) eliminating paper and reducing administrative costs; (3 ) expediting processing and reducing cycle time; (4 ) lowering search costs and time for buyers to find products and vendors; (5 ) increasing productivity of employees dealing with buying and/or selling; (6 ) reducing errors and improving quality of services; (7 ) making product configuration easier; (8 ) reducing marketing and sales costs for sellers; (9 ) reducing inventory levels and costs; (10 ) enabling customized online catalogs with different prices for different customers; (11 ) increasing production flexibility, permitting just-in-time delivery; (12 ) reducing procurement costs for buyers; (13 ) facilitating customization via configuration; (14 ) providing for efficient customer service; and (15 ) increasing opportunities for collaboration.
You might also like to view...
In the calculation of free cash flow, dividends and sales of plant assets are both deducted
Indicate whether the statement is true or false
Benoit Corporation's manufacturing overhead includes $13.20 per machine-hour for variable manufacturing overhead and $555,408 per period for fixed manufacturing overhead.Required:Determine the predetermined overhead rate for the denominator level of activity of 5,700 machine-hours.
What will be an ideal response?
With only a half hour for lunch I screamed into the parking lot of the nearest Golden Arches Supper Club at 40 miles an hour
When I saw the drive-through line was 15 cars deep, I didn't bother getting in line; I was off to visit the Colonel. This behavior might be described as balking. Indicate whether the statement is true or false.
The definition of customer service has changed because of social applications such as Facebook, Twitter, and blogs.
Answer the following statement true (T) or false (F)