In the context of business-to-business (B2B) markets, e-marketplaces:
| a. |
help in forging tighter supply chain relationships. |
|
| b. |
limit the number of market participants with whom sellers and buyers can negotiate. |
|
| c. |
require expensive dedicated connections between firms. |
|
| d. |
increase the time, effort, and cost of doing business for both buyers and sellers when compared to older methods. |
Answer) A is the answer. help in forging tighter supply chain relationships. In B2B transactions, e marketplace helps the buyer and seller to have tight supply chain management without any middlemen. It just eliminates of having any extra link which might increase transactional costs.
B is not the answer because it does not limit, but it gives a wide platform where more and more market participants can come and offer their services.
C is not the answer because it does not require any expensive dedicated connection between firms. It is very cheap and mostly its free.
D is not the answer because it reduce time , effort and money of the buyer and seller as compared to old business models.
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In the context of business-to-business (B2B) markets, e-marketplaces: a. help in forging tighter supply chain relationships....
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