Benefits of global electronic purchasing initiatives include
A) increased backward integration.
B) exposure to exchange rate fluctuations.
C) optimized supply chains across an entire network of organizations.
D) increased barriers to entry for international market opportunities.
E) elimination of potential security issues.

Question

Quizplus · Accepted Answer

Emerging industry-based business-to-business (B2B) exchanges can help optimize the supply chain across an entire network of organizations, not merely within a single company. These exchanges can create value by aggregating the purchasing power of buyers, improving process efficiency, integrating supply chains, enhancing content dissemination, and improving overall market efficiency within and across nations.

Benefits of Global Electronic Purchasing Initiatives Include