Impact of the Internet on Busi
Business-to-business (B2B) transactions were (and still are for some companies) based on a complex network of inter-connections, with every connection being different for each supplier or buyer. Errors of transactions, such as stock quantity and type, were commonplace. However, the Internet has provided a means, compared to EDI (Electronic Data Interchange), in making transactions flawless, easier and more profitable. "The Internet and the World Wide Web provide significant opportunities to make business-to-business more effective and efficient. The impact ranges from cutting the cost of paper and mailing, to shortening the time-to-market of products due to better supply-chain management" Segev has provided the most appropriate explanation of just what the Internet is doing to business-to-business commerce. The Cisco Systems Inc. website is a prime example of what can happen when the barriers of information, product and services are eliminated. [1] Before the website the order and delivery system seemed almost primitive. (2) 1 in 3 were rejected due to errors,
. . .
Some common words found in the essay are:
Systems Inc, CV Therapeutics, Forrester Research, B2B Internet, B2B B2C, According Microsoftcom, B2B Centrum, Business-to-business B2B, Wide Web, Jupiter Communications, business-to-business commerce, forrester research, internet commerce, sales reach approximately, 2001 expect on-line, selling products, research 2001, 3 days, 2001 expect, expect on-line, cisco systems, forrester research 2001, research 2001 expect, on-line sales, expect on-line sales,
Approximate Word count = 1129
Approximate Pages = 5 (250 words per page double spaced)
|
 |
