B2B Assignment Essay

BUSINESS-ON-BUSINESS Assignment

Phase 2 -10:

One getting executive noticed " Online auctioning is an appropriate way to buy some category of products but it can be entirely incorrect for others” Agree or perhaps Disagree?? Give support for your position

In accordance with the above assertion online purchasing of products & services can be appropriate for several & inappropriate for others. Benefits of online auctioning of products and services

Bidding process and buying the merchandise through on the web auction goes very popular today. Everyone loves to buy; the only real difference is what you like to buy and where. On-line Auction is the best way of buying. They offer a common platform where buyers and sellers can easily bid or perhaps sell anything. Online auctions present great in order to entrepreneurs and shoppers likewise. Today everyone wants the availability of his wanted products and services over the global place, from in which he can choose the variety as per his requirement. On the net auction is an simplest and reachable way to find the best products at reasonable price. Online auction is generally a publicly placed sale by which goods are offered to the highest bidder. It is the best spot to choose what to you want on affordable price. It provides a wide selection of products in prices that can't be conquer. It works just like live sales. A minimum cost has to be achieved, and a deadline is placed for the auction to get rid of. The main advantage of online auction is the fact one cannot depend on time to bid to get the product. They will bid whenever. It is good for those people who have zero more time to shell out in the market for looking their desired products.  They can find anything on simply a click which is provided by online auction internet site. On internet a large number of online internet shops are available based on a policies and somewhere based on a product along with with different manufacturer. With the help of auction sites one can find the complete detail from the product to accessories used by that item. Online putting in a bid is not really limited to electronics or home items. In addition, it includes sales or reselling of real estate and property, sale of motor vehicles, but likewise bargaining inside the corporate discipline. Online auctions can be a very successful home based business. Many people globally have made much money from other auction sites online. Through sale, you have the opportunity to sell or perhaps buy just about anything you could ever before want. So what are you waiting for – pursue what you really want to buy. Enjoy your bidding process The Internet has taken about main changes in the approach that people connect to one another, and this includes the business world. The Internet offers given rise to e-procurement, through which businesses can connect to one another without being hampered by simply location. E-procurement results in far more efficient functions but does take some time to put into action properly, Company owners desiring to obtain e-procurement must look into the advantages and drawbacks before making a business decision to advance to the Internet. 1 ) Defining E-Procurement

* E-procurement (or business-to-business networks) is a web based system with which companies may be connected directly to suppliers for the purpose of buying products at the lowest cost possible. E-procurement essentially supercedes its off-line version, named tendering. The advantages and disadvantages of e-procurement mainly parallel the universal benefits and disadvantages in the Internet. The of E-Procurement

* E-procurement increased in the second half of 1999, when sale and product catalogs started to be commonplace on the web and continued to expand. The convenience online ordering offered, possibly in its infancy, led e-procurement to reach as high as $145 billion in transactions it happened in 1999, according to a 2001 document in " Product Products on hand and Management Journal, " by Evgeniy Ageshin. A report by Deloitte Consulting in the fall of 1999 figured...



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