Business-to-Business (B2B) Transactions

Business-to-Business (B2B) Transactions

Business-to-Business (B2B) Transactions-Identify a company that engages in B2B arrangements with other companies. What is the nature of the B2B transactions that are carried out (e.g., ordering supplies, making financial transactions)? What technical architecture supports these transactions?What are the benefits and drawbacks of the B2B arrangement that this company engages?

note:Business-to-Business (B-to-B) refers to selling of products and services between companies that is between a company (as vendor) and its suppliers. B-to-B transactions can be carried out over the Internet or by means of VPNs (Virtual Private Networks) to achieve secure and reliable data communication between suppliers and vendors. After some time, the enterprise migrates to e-Business. At this stage, the enterprise undertakes four key activities to transform itself into e-Business: It re-engineers its business processes – It develops creative outsourcing and partnering arrangements with other enterprises (that is, business alliances) – It installs an enterprise resource planning (ERP) system to serve as backbone for the e-Business – It integrates the enterprise’s back office and front office systems to enhance service delivery efficiency

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Business-to-Business (B2B) Transactions

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