Principles of Information Systems (MindTap Course List)
Principles of Information Systems (MindTap Course List)
13th Edition
ISBN: 9781337516945
Author: STAIR
Publisher: Cengage
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Chapter 7, Problem 11RQ

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Electronic exchange:

  • An electronic exchange is an electronic firm in which suppliers, competitors and manufacturers buy and sell goods, trade market information and perform back-office operations and many such.
  • Companies have the freedom to choose the type of exchange depending on the operator.
  • Private exchanges are accessed through a single company...

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Principles of Information Systems (MindTap Course List)

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