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Kathryn Bishop
on Dec 13, 2024

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E-marketplaces are

A) virtual or holographic purchasing marketspaces that allow manufacturers to estimate demand based upon different changes in environmental forces.
B) websites that allow consumers to make direct purchases from a manufacturer rather than through a traditional retail outlet.
C) online trading communities that bring together buyers and supplier organizations to make possible the real-time exchange of information, money, products, and services.
D) computer simulations that allow manufacturers to estimate how much inventory to keep on hand based upon different purchasing scenarios.
E) databases co-sponsored by the U.S. Department of Commerce and the World Trade Organization (WTO) that houses all public access records for the purpose of aiding American and global businesses.

E-marketplaces

Virtual platforms where buyers and sellers meet to exchange goods, services, or information.

  • Comprehend the relevance and dynamics of e-marketplaces in organizational buying.
  • Recognize the contribution of e-marketplaces to facilitating real-time exchanges of information, money, products, and services.
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DH
Daniel HajjarDec 18, 2024
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