Welcome

Anti Essays offers essay examples to help students with their essay writing.

Sign Up

Business to Business System Essay

  • Submitted by: bretlao
  • on December 29, 2012
  • Category: Miscellaneous
  • Length: 881 words

Open Document

Below is an essay on "Business to Business System" from Anti Essays, your source for research papers, essays, and term paper examples.

B2B (Business2Business or Business-to-Business)
On the Internet, B2B (business-to-business), also known as e-biz, is the exchange of products, services, or information between businesses rather than between businesses and consumers. Although early interest centered on the growth of retailing on the Internet (sometimes called e-tailing), forecasts are that B2B revenue will far exceed business-to-consumers (B2C) revenue in the near future. According to studies published in early 2000, the money volume of B2B exceeds that of e-tailing by 10 to 1. Over the next five years, B2B is expected to have a compound annual growth of 41%. The Gartner Group estimates B2B revenue worldwide to be $7.29 trillion dollars by 2004. In early 2000, the volume of investment in B2B by venture capitalists was reported to be accelerating sharply although profitable B2B sites were not yet easy to find.
B2B Web sites can be sorted into:
  * Company Web sites, since the target audience for many company Web sites is other companies and their employees. Company sites can be thought of as round-the-clock mini-trade exhibits. Sometimes a company Web site serves as the entrance to an exclusive extranet available only to customers or registered site users. Some company Web sites sell directly from the site, effectively e-tailing to other businesses.
  * Product supply and procurement exchanges, where a company purchasing agent can shop for supplies from vendors, request proposals, and, in some cases, bid to make a purchase at a desired price. Sometimes referred to as e-procurement sites, some serve a range of industries and others focus on a niche market.
  * Specialized or vertical industry portals which provide a "subWeb" of information, product listings, discussion groups, and other features. These vertical portal sites have a broader purpose than the procurement sites (although they may also support buying and selling).
  * Brokering sites that act as an intermediary between someone...

Show More


Citations

MLA Citation

"Business to Business System". Anti Essays. 22 Apr. 2019

<https://www.antiessays.com/free-essays/Business-To-Business-System-381131.html>

APA Citation

Business to Business System. Anti Essays. Retrieved April 22, 2019, from the World Wide Web: https://www.antiessays.com/free-essays/Business-To-Business-System-381131.html