Extranets between suppliers and customers:
A) cost more than they save
B) save significant costs associated with the changing of prices
C) are still in the theoretical stage and have yet proven useful in real-life
D) cannot be used by a traditional bricks-and-mortar store
E) will someday replace marketing inventory systems

Question

Quizplus · Accepted Answer

Extranets between suppliers and customers save significant costs associated with the changing of prices. By enabling both parties to access and update product information and pricing in real-time, extranets eliminate the need for costly manual processes and reduce the likelihood of errors and discrepancies. Additionally, extranets can improve communication and collaboration between suppliers and customers, leading to more efficient and effective business relationships.

Extranets Between Suppliers and Customers