In the _____ marketplace model, organizations attempt to sell their products or services to other organizations electronically.
A) buy-side
B) sell-side
C) group purchasing
D) desktop purchasing
E) electronic exchange

Question

Quizplus · Accepted Answer

The sell-side marketplace model is used when organizations attempt to sell their products or services to other organizations electronically. The buy-side model involves organizations purchasing goods or services electronically, while a group purchasing model involves a group of buyers coming together to make a collective purchase. A desktop purchasing model involves individuals making their own purchases through procurement software on their computers. An electronic exchange model involves multiple buyers and sellers coming together in a centralized electronic marketplace.

In the _____ Marketplace Model, Organizations Attempt to Sell Their