Why is B2B e-commerce seen as a potential revenue source for B2B firms?

What will be an ideal response?


B2B e-commerce shows promise because purchasing supplies for a firm is a costly process. For example, firms estimate that each corporate purchase order costs at least $100 in overhead. Using B2B e-commerce to automate B2B purchasing could save, overall, trillions of dollars. In turn, this could enable lower prices, increased productivity, and even greater wealth for a nation.

Business

You might also like to view...

The primary ethical concern in the social construction metaphor of communication involves ______.

a. opportunities for responsible feedback b. the personal character of the sender and message integrity c. how our message impacts those around us d. an appreciation and understanding of agency and constraint

Business

In determining whether a decision is ethical, teleological ethical theories focus on the consequences of the decision.

Answer the following statement true (T) or false (F)

Business

When a debt is secured by property as collateral and the debtor defaults, the creditor may:

A) take possession of the property and retain it in full satisfaction of the debt or sell it. B) take possession of the property and use it until the debtor pays the debt. C) not take possession of the property, but must sue the debtor for the balance due. D) None of these.

Business

The European Community (EC) preceded the European Union (EU) and worked to remove trade barriers between member nations

Indicate whether the statement is true or false

Business