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kolbaska11 [484]
3 years ago
5

In the B2B buying process, ________ can provide tremendous cost savings for firms because they eliminate periodic negotiations a

nd routine paperwork, and offer the means to form a supply chain that can respond quickly to the buyer's needs.
Business
2 answers:
Pachacha [2.7K]3 years ago
4 0

Answer:

The correct word for the blank space is: web portals.

Explanation:

A Business-to-Business (B2B) model is one in which usually two businesses deal directly with each other because they are part of the same <em>supply chain</em>. In this business model, intermediate items or components are the most traded items. Documentation is needed to keep track of both parties' sales transactions and inventories.

Using web portals is one method introduced to prevent excessive paperwork in the B2B models. <em>Orders can be sent electronically and invoices can be processed and stored electronically. Also, web portals fasten the delivery and reception of orders, eliminating in-person meetings that drain valuable organizational time.</em>

faltersainse [42]3 years ago
3 0

Answer:

a B2B web portal

Explanation:

Customers are always in search of stress free ways to purchase their goods and services. This is why there are online stores that even offer delivery services.

When it comes to B2B (business to business) where company A sells to company B, a portal will come in handy because of the following reasons (apart from the reasons listed in the question above):

  • Self-service and buying through a modern digital experience.
  • Reaching an unlimited number of clients at the same time.
  • It is a great way to automate sales
  • It can be used a marketing research platform
  • It helps in business expansion

The reasons listed above are just a few of the plenty benefits of operating a B2B portal.

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Seth, Janice, and Lori each borrow 5,000 for five years at an annual nominal interest rate of 12%, compounded semi-annually. Set
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Answer:

The total amount of interest paid on all three loans is 8,748.

Explanation:

Each person has borrowed 5,000 for the same period and with the same interest rate. However, the repayment is made differently by each person.

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Answer:

The correct options are Advanced degree after a traditional four year college degree and On the Job training Experience.

Explanation:

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This question explores the calculation of the unemployment rate. You will be provided some imperfect employment data for four di
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Answer:

Unemployment rate= 0.13= 13%

Explanation:

Giving the following information:

Of these 95 individuals, 75 are in the labor force and 65 are employed.

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