Question

A(n) __________ is a business-to-business (B2B) network which provides an organization access to suppliers and distributors to improve supply chain management.

Answer 1

The kind of business-to-business (B2B) network that gives access to organization so that they can have access to a suppliers as well as  distributors for a better supply chain management is private exchange.

• A private exchange can be regarded as online resource which could be established by brokers, insurance as well as benefit consultants which allows individuals and employers to locate suppliers and distributors.

• This service brings about a improved supply chain management.

Therefore, private exchange is the correct term.

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