B2B E-Commerce Chapter 2 Learning Objectives

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B2B E-Commerce Chapter 2 Learning Objectives Describe the B2B field. Describe the major types of B2B models. Discuss the characteristics of the sell-side marketplace, including auctions. Describe the sell-side models. Describe the

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B2B E-Commerce Chapter 2<br>
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Learning Objectives Describe the B2B field.
Describe the major types of B2B models.
Discuss the characteristics of the sell-side marketplace, including auctions.
Describe the sell-side models.
Describe the characteristics of the buy-side marketplace and e-procurement.
Explain how reverse auctions work in B2B.
Describe B2B aggregation and group purchasing models.
Describe other procurement methods. 1<br>
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Concepts, Characteristics, and Models of B2B E-Commerce Business-to-Business E-commerce (B2B EC)
Transactions between businesses conducted electronically over the Internet, extranets, intranets, or private networks; also known as eB2B (electronic B2B) or just B2B.


BASIC TYPES OF B2B TRANSACTIONS AND ACTIVITIES
Sell-side: one seller to many buyers.
Buy-side: one buyer from many sellers.
Exchanges: Many sellers to many buyers.
Supply chain improvements and collaborative commerce: including additional activities such as ,communicating, sharing information for joint design. 2<br>