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ikadub [295]
3 years ago
5

Online B2B enables companies to enhance their performance by Multiple Choice reducing procurement costs. making supply-chain man

agement unnecessary. making looser inventory control possible. lengthening order cycle time.
Business
1 answer:
Deffense [45]3 years ago
3 0

Answer:

reducing procurement costs.

Explanation:

Online business to business (B2B) marketing enables companies to enhance their performance by reducing procurement costs.

An online business to business (B2B) can be defined as a type of market where a business sells goods and services to another business online.

In an online business to business marketing or e-commerce, the cost of buying a product is usually lesser when compared to other channels of sales because the seller do not have to charge so much as sales are usually transparent and done automatically.

<em>Hence, companies that are engaged in B2B are able to improve their performance and cut down the costs of procurement for goods and services. </em>

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