“Buy-side” e-commerce includes different activities like identifying and comparing competitive suppliers and products, negotiating and establishing prices and terms, ordering and tracking shipments, and steering organizational buyers to preferred suppliers and products. Hence, the correct answer is “ Buy-side ”.

BuyFind

Principles of Information Systems ...

12th Edition
Ralph Stair + 1 other
Publisher: Cengage Learning
ISBN: 9781285867168
BuyFind

Principles of Information Systems ...

12th Edition
Ralph Stair + 1 other
Publisher: Cengage Learning
ISBN: 9781285867168

Solutions

Chapter 8, Problem 1SAT
Program Description Answer

“Buy-side” e-commerce includes different activities like identifying and comparing competitive suppliers and products, negotiating and establishing prices and terms, ordering and tracking shipments, and steering organizational buyers to preferred suppliers and products.

Hence, the correct answer is “Buy-side”.

Expert Solution

Explanation of Solution

Buy-side e-commerce:

  • Buy-side e-commerce is a type of e-commerce transactions performed between the organization and the suppliers. Here, the organizations purchases from the suppliers.
  • It includes different types of entities like mutual funds, hedge funds, pension funds, life insurance funds, private equity funds and many such.
  • It doesn’t include any financial or custody services.

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