Asked by Tyler Thompson on May 29, 2024
Verified
Which of the following activities does B2B include?
i. Purchasing and procurement
ii. Customer service
iii. Supplier management
iv. Inventory management
A) i, ii and iii
B) ii, iii and iv
C) i, ii and iv
D) All of the given answers
Customer Service
The assistance and advice provided by a company to those people who buy or use its products or services.
Supplier Management
The practice of organizing, managing, and improving the relationships and activities between a business and its suppliers to optimize their impact on the company's performance.
Procurement
The process of sourcing and acquiring goods and services needed by an organization to operate effectively.
- Comprehend the foundational principles and varieties of e-commerce transactions.
Verified Answer
ZK
Zybrea KnightJun 05, 2024
Final Answer :
D
Explanation :
B2B (Business to Business) activities encompass a wide range of operations including purchasing and procurement, customer service, supplier management, and inventory management. These activities are integral to the functioning of businesses that serve other businesses.
Learning Objectives
- Comprehend the foundational principles and varieties of e-commerce transactions.