Trade That Takes Place Between Companies Using IT and the Internet

question 57

Multiple Choice

Trade that takes place between companies using IT and the Internet to link and coordinate the value chains of different companies is called:

• A) enterprise resource planning.
• B) business-to-business commerce.
• C) business-to-customer commerce.
• D) business-to-business marketplace.
• E) business-to-customer network structure.

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Definitions:

Marketer

A person or company responsible for promoting and selling products or services.

Globalization

Occurs as people become increasingly aware of, and dependent on, one another.

Wind

Air in motion relative to the surface of the Earth, ranging from gentle breezes to powerful gusts and storms, caused by the uneven heating of the Earth's surface.

Hundred-mile Diet

A lifestyle choice to consume only foods grown or produced within a hundred miles of one's residence, aiming to support local economies and reduce environmental impact.