E-COMMERCE - CHAPTER 3

Transactions between businesses conducted electronically over the Internet, extranets, intranets, or virtual private networks.

• B2B

• B2C

Choose the CORRECT B2B characteristic:

• • - Types of trades

  • - Material of trades

  • - Parties the transactions

  • - Direction of transactions

• • - Direction of trades

  • - Material of trades

  • - Types of transactions

  • - Parties the transactions

An online third-party that brokers a transaction between a buyer and a seller;

can be virtual or click-and-mortar.

• Online seller

• Online intermediary

• Online buyer

Purchase of goods and services as they are needed, usually at current market prices based on supply and demand.

• Spot Buying

• Strategic Sourcing

Materials used to support production.

• Indirect Materials

• Direct Materials

Markets that deal with one industry or industry segment.

• Horizontal Marketplaces

• Vertical Marketplaces

What type of B2B in the picture?

• Sell-side B2B

• Buy-side B2B

What types of B2B as shown in the picture?

• Electronic Exchange

• Supply chain improvement and collaborating commerce

Markets in which the individual sell-side or buy-side company has complete control over participation in the selling or buying transaction.

• Private e-marketplaces

• Public e-marketplaces

Situation when a producer or supplier bypasses the normal channel of distribution and sells directly to the end user.

• Buyer conflict

• Channel conflict

• Seller conflict