Define and discuss the four basic types of e-commerce business ...

[kodithompson]

Define and discuss the four basic types of e-commerce business models used in procurement and sourcing.

Question 2

The downstream partners that help a company reach consumers comprise the
 a. supply chain.
  b. logistics.
  c. distribution channel.
  d. channel members.

[softEldritch]

Answer to Question 1

The four basic types of e-commerce business models used in procurement and sourcing are sell-side system, electronic marketplace, buy-side system, and online trading community.

 Sell-side system: Online businesses selling to individual companies or consumers.

 Electronic marketplace: A seller-operated service that consists of a number of electronic catalogs from vendors within a market.

 Buy-side system: A buyer-controlled e-procurement or e-commerce service that is housed on the buyer's system and is administered by the buyer, who typically pre-approves the suppliers who have access to the system, and the process of the suppliers' products and services that have been prenegotiated.

 Online trading community: A system maintained by a third-party technology vendor where multiple buyers and multiple sellers in a given market can conduct business. The online community permits the buyers and sellers to conduct business transactions.

Answer to Question 2

d