Principles of Information Systems (MindTap Course List)
Principles of Information Systems (MindTap Course List)
12th Edition
ISBN: 9781285867168
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
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Chapter 8, Problem 11RQ

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Electronic exchange:

An electronic exchange is an electronic forum where manufacturers, supplier...

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Types of exchange:

Three types of electronic exchanges based on who operates the exchange are as follows:

  • Private exchange
    • It is owned and operated by a single organization. The vendor uses the exchange to trade entirely with recognized business partners...

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