Author Question: Why is B2B e-commerce seen as a potential source of great profit for successful B2B firms? What ... (Read 88 times)

tuffie · **on:** Jul 7, 2018

Why is B2B e-commerce seen as a potential source of great profit for successful B2B firms?

What will be an ideal response?

Question 2

Few large firms today have Electronic Data Interchange (EDI) systems.

Indicate whether the statement is true or false

Chocorrol77 · **Reply #1 on:** Jul 7, 2018

Answer to Question 1

B2B e-commerce is valuable 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.

Answer to Question 2

FALSE