Explain how Internet technology supports business to business e commerce

Explain how internet technology supports business to

This preview shows page 4 out of 4 pages.

- Explain how Internet technology supports business-to-business e-commerce. Internet technology supports B2B e-commerce in the same way it supports B2C e- commerce, the difference being businesses are able to provide special portals for companies and registered employees of companies. Businesses can streamline their purchasing of products from other companies by shopping for supplies from vendors, request proposals, and, in some cases, bid to make a purchase at a desired price form various companies. Internet also supports B2b by giving companies a much faster way to communicate with each other via e-mail, this can help businesses stay up to date with new products offered or price changes in their goods for a much quicker purchase. Businesses can also offer business specific information sites for other businesses to view, which provide information about a particular industry for its companies and their employees. These include specialized search sites and trade and industry standards organization sites. Businesses through their website could also set up special portals to a discussion group that pertains to the type of business they are in, this allows employees and others to trade information and learn about new products or business helpful information. Internet technology supports B2B in many ways, and the bottom line is that it can save time and a large amount of money for companies when they use the Internet to conduct business with other companies.
Image of page 4

You've reached the end of your free preview.

Want to read all 4 pages?

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes
A+ icon
Ask Expert Tutors