In the context of business-to-business (B2B) markets, e-marketplaces:
A) require expensive dedicated connections between firms.
B) increase the time, effort, and cost of doing business for both buyers and sellers when compared to older methods.
C) limit the number of market participants with whom sellers and buyers can negotiate.
D) help in forging tighter supply chain relationships.

Question

Quizplus · Accepted Answer

E-marketplaces facilitate easier communication and transactions between businesses, which can lead to stronger and more efficient supply chain relationships.

In the Context of Business-To-Business (B2B) Markets, E-Marketplaces