Why is B2B e-commerce seen as a potential source of great profit ...

[tuffie]

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]

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

[tuffie]

TYSM

[ryhom]

Thanks for the timely response, appreciate it