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eBusiness Strategy (Essay Sample)


ASSIGNMENT 07 BU480 eBusiness Strategy Directions: Sources must be cited in APA format. Your response should be a minimum of one (1) single-spaced page to a maximum of two (2) pages in length; refer to the "Assignment Format" page for specific format requirements. Describe each of the three (3) business-to-business (B2B) exchanges. For each exchange type, discuss how the Internet acts as a resource in the exchange. Book = Digital Business Concepts and Strategy Second Edition Eloise Coupey


eBusiness Strategy
Business to Business, (B2B) Exchanges also referred to as E-Commerce or e-biz is the interchange of products, information, and services between businesses as opposed to between business and consumers. These marketplaces offer tremendous opportunities and possibilities by allowing sellers and buyers/ customers and suppliers to reduce their operational costs by accessing markets at minimal costs and increase their customer base in the endeavor to cut great in-efficiencies that bedevil the markets today. It is a new market dynamic that has been characterized by numerous failures for those who have ventured. However, it is prospected to be the future of e-commerce (Coupey, 2004). While we are accustomed to the conglomerate of websites from vendors that offer their goods and services to customers online, B2B exchanges involve the businesses in the online marketplace buying and selling goods and services from other enterprises.
B2B exchanges can be categorized into three; consortia, public exchanges and ...
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