INTERNATIONAL EDITION---Principles of Marketing, 17th edition
17th Edition
ISBN: 9780134642314
Author: Philip T. Kotler and Gary Armstrong
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Question
Chapter 6, Problem 6.6CTE
Summary Introduction
To discuss: Whether e-procurement can streamline the buying process and it can replace the employees and whether all the buying functions can be performed through e-procurement.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Online, Mobile, and Social Media Marketing E-procurement and Mobile Procurement
Gone are the days of tedious, paper-laden, and labor-intensive procurement duties. E-procurement is changing the way buyers and sellers do business, specifically via mobile procurement that offers cloud-based platforms that reduce the search, order, and approval cycle. Most large companies have adopted some form of e-procurement. A recent study found that almost 70 percent of companies utilize some form of e-procurement, mobile procurement, or supply chain management applications. A leading industry platform, Coupa, provides a suite of cloud-based applications for finance, including accounts payable, sourcing, procurement, and expense management that allows customers full functionality from their mobile devices. Employees now enjoy the flexibility and time savings of viewing, approving, or denying requisitions, purchase orders, and invoices. One of Coupa’s large retail clients claimed a reduction from 10…
Think about your own purchasing habits and the buying habits of your friends/coworkers. Can you identify a product people need that is available on Alibaba.com? Is there a different Web site on which you could purchase this product for wholesale prices and sell it to customers for a profit?
Hi can you help me with the following task about health better/healthcare-related please:
Discuss the various e-commerce payment systems (online credit card, alternative payment systems, mobile payment systems, social/mobile payment systems, digital cash/virtual currencies) in relation to your e-commerce proposal related to health better/ healthcare. Select two options that you feel best suit your startup related to health better/ healthcare and justify those(below) choices
Organize your healthcare/health better proposal in the following sections
Name of the startup, proposal section (Mobile Options, Payment Systems, Security Threats, Make-or-Buy, Marketing Plan) relation to health better
Resources – List the sources researched for this section of the proposal. Ensure that the resources are also properly cited in the body of the work. relation to health better
Chapter 6 Solutions
INTERNATIONAL EDITION---Principles of Marketing, 17th edition
Knowledge Booster
Similar questions
- What are the competitive advantages when selling online. Please answer the question. Thank you.arrow_forwardDescribe how online purchasing has changed the business- to-business marketing process and discuss the advantages and disadvantages of electronic purchasing. (AACSB: Written and Oral Communication)arrow_forwardAgainst online retailers, will Dollar General succeed or fail in the long term? Support your answer.arrow_forward
- please as Retailers provide essential services for the manufacturers of the product they sell. Firstly, they overcome gaps between manufacturers and customers, and secondly, they perform a range of functions in the marketing channel. • Identify and explain one main gap between your manufacturers and customers you believe your retailer will fill. Justify your choice. • Identify the top two functions your retailer will perform for your manufacturer in the marketing channel.arrow_forwardChoose a pharmaceutical product that is on the market today and answer the following by doingsome research about the drug online. a. Explain what the drug is and what it is used for, and find an estimate of its price. Are thereavailable substitutes for this drug for its primary uses? b. Look online to see if you can find estimates of the markup above costs on the pharmaceuticalyou have chosen. If you cannot find this, see if you can find information on the history ofmarkups of that pharmaceutical (often times you may not know the markup above cost, butcan see that the drug has seen some % markup in price since it was introduced – this growth inthe price will suffice as a proxy for markup above costs of production). c. Based upon our discussion of the relative price setting power of different goods (use the LernerIndex), how does your understanding of the use of the good and the available substitutesexplain the markups you observe on this drug?arrow_forwardCould you please summarize the below, for powerpoint presentation purposes? thanks. Opportunities: It has a lot of association among commercial brands. That is because it specializes in communication and media also. Therefore, it can look forward to commercially expanding its business. It has a wide network of 90 countries, it can utilize this network and tap potential huge markets across the globe. Growing shopping basis in smaller sectors - As purchasers transfer between unorganized service suppliers to commissioned businesses within the industry. This can permit Bollore to enter the access marketplace with an essential solution. Accelerated economic process because the U.S. market rises faster than any developed nation, Bollore would be able to broaden with the U.S. marketplace. Bollore already has expertise operational within a tricky US marketplace. Accumulated federal rules make it not possible for unorganized businesses within the promoting Services sector to function. This…arrow_forward
- Online computer shopping at websites makes it possible for individual consumers to get direct information from hundreds of companies they would not otherwise know about. Consumers can place an order for a purchase that is then shipped to them directly. Or, they can do what is known as “ship to store” from the online site. With the growth of these services, to what degree will the need for retailers and wholesalers be eliminated or greatly reduced? Explain your answer, and consider the marketing functions that are involved in electronic purchases and who performs them. What will the businesses’ need to be concerned with in the future?arrow_forwardThere is little doubt that recent e-commerce growth has driven significant disruption in the retail sector. In most cases, this disruption is blamed for financial losses and brick-and-mortar closures across the industry. However, little attention is paid to the benefits e-commerce provides retailers, including brick-and-mortar brands. discuss the extent to which you agree/disagree with this statement, offering at least 3 reasons.arrow_forwardGive the Support points of this following benifits: The advantages of secondhand clothes include financial savings •Suitability for other people, including both boys and girls. •Additionally, there are many benefits to purchasing secondhand clothing that go far beyond your own wardrobe. You can not only discover one-of-a-kind things, try out new looks, and uncover amazing discounts . •Purchasing used clothing is good for the environment and your budget because some of it is branded. •Some clients find that used apparel satisfies their needs. •The chance to find one-of-a-kind pieces that nobody else owns is one of the best things about buying used clothing.arrow_forward
- Gone are the days of tedious, paper-laden, and labor-intensive procurement duties. E-procurement is changing the way buyers and sellers do business, specifically via mobile procurement that offers cloud-based platforms that reduce the search, order, and approval cycle. Most large companies have adopted some form of e-procurement. A recent study found that almost 70 percent of companies utilize some form of e-procurement, mobile procurement, or supply chain management applications. A leading industry platform, Coupa, provides a suite of cloud-based applications for finance, including accounts payable, sourcing, procurement, and expense management that allows customers full functionality from their mobile devices. Employees now enjoy the flexibility and time savings of viewing, approving, or denying requisitions, purchase orders, and invoices. One of Coupa’s large retail clients claimed a reduction from 10 days to 5 hours in their requisition-approval-process cycle by implementing…arrow_forwardDescribe how online purchasing has changed the business-to-business marketing process and discuss the advantages and disadvantages of electronic purchasing.arrow_forwardRead the following case study and then answer the questions that follow:"Inside sales"—remote and virtual selling where sales professionals use digital information and communication technologies and social selling platforms (e.g., LinkedIn) to connect with, and engage, customers—is the fastest-growing title in the sales industry. It expands at a much higher rate than outside sales, and is regarded as the future of sales. Contrary to outside sales that are performed face-to-face in the field, inside sales also reflects modern buyers' expectations in their will to use the Internet and social media platforms rather than salespeople as effective sources of information and communication.COVID-19 made organizations who did not have an inside sales force go to inside sales overnight. The pandemic thus accelerated the digital transformation of sales organizations, and such transformation will remain, because inside sales is an effective go-to-market and go-to-customers strategy. There are four…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Principles Of MarketingMarketingISBN:9780134492513Author:Kotler, Philip, Armstrong, Gary (gary M.)Publisher:Pearson Higher Education,MarketingMarketingISBN:9781259924040Author:Roger A. Kerin, Steven W. HartleyPublisher:McGraw-Hill EducationFoundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
- Marketing: An Introduction (13th Edition)MarketingISBN:9780134149530Author:Gary Armstrong, Philip KotlerPublisher:PEARSONContemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage Learning
Principles Of Marketing
Marketing
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Pearson Higher Education,
Marketing
Marketing
ISBN:9781259924040
Author:Roger A. Kerin, Steven W. Hartley
Publisher:McGraw-Hill Education
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Marketing: An Introduction (13th Edition)
Marketing
ISBN:9780134149530
Author:Gary Armstrong, Philip Kotler
Publisher:PEARSON
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning