StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

E-Marketplace Business to Business - Coursework Example

Cite this document
Summary
Volkswagen has several disadvantages in that running its own B2B e-marketplace could be risky. This is in terms of all the legal procedure involved and the capital involved. The company could lose business, as most suppliers could not be for the idea of directly participating…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92% of users find it useful
E-Marketplace Business to Business
Read Text Preview

Extract of sample "E-Marketplace Business to Business"

E-marketplace Business to Business Volkswagen has several disadvantages in that running its own B2B e-marketplace could be risky. This is in terms of all the legal procedure involved and the capital involved. The company could lose business, as most suppliers could not be for the idea of directly participating in the VWgroupssupply.com (“Closing Case Study One” 152). The advantages include a reduction in the costs of finding business. This means that the company could be more efficient and productive. 2. The suppliers get a chance to make improvements on Volkswagen products.

This ensures the production of quality products for the suppliers that leads to an appreciation in their goodwill. For Volkswagen, the company reduces its marketing costs. In addition, it manages to incorporate the resources of suppliers in the improvement of the product. This gradually leads to the company gaining competitive advantage in the global markets. 3. The relation between the suppliers and the company makes it a vertical e-market place. The horizontal structure occurs through the suppliers, Volkswagen, and the suppliers of the MRO materials.

The company needs to combine the e-marketplaces to minimize the bureaucracy involved in the supply of the materials. The creation of two distinct e marketplaces could increase the costs of maintenance incurred by the company.4. The iPAD tracks business events and sends information back to the purchasing agents. It attaches relevant information about suppliers that aid the purchasing agents in the determination of potential suppliers. Such information is completed by iPAD electronically. The iPAD could provide business intelligence on low cost tools for operating an e marketplace.

Moreover is could provide reports on viable sources of information for an efficient decision making process. 5. IPad provides relevant information to the purchasing agent. This includes the identification of potential suppliers in addition to the inventory they supply and at the stated cost. The steps involved are firstly, the presentation of a business event. Secondly, the process involves the provision of information relating to the events to the purchasing agents. Finally, it involves the sending of the information to the purchasing agents electronically.

Work CitedClosing Case Study One. (n.d.). When You Are Big You Can Be Your Own B2B E-marketplace, 151-153.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“E-Marketplace Business to Business Coursework Example | Topics and Well Written Essays - 250 words”, n.d.)
Retrieved from https://studentshare.org/business/1678142-e-marketplace-business-to-business
(E-Marketplace Business to Business Coursework Example | Topics and Well Written Essays - 250 Words)
https://studentshare.org/business/1678142-e-marketplace-business-to-business.
“E-Marketplace Business to Business Coursework Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/business/1678142-e-marketplace-business-to-business.
  • Cited: 0 times

CHECK THESE SAMPLES OF E-Marketplace Business to Business

The Role of Dynamic Reputation Ranking System on Loyalty Gap and Customer Lock on: B2B E-Marketplace Perspective

business firms are virtually being locked-in to the Internet technology.... The loyalty gap in e-marketplace is propelled by information asymmetry between buyer, seller, and unmonitored business activities cycle of actors.... Kuttainen claims that only the very first phase of the B2B buying process is conducted online, except for the e-mail distribution of requests and offers, and any subsequent transactions take place offline in traditional business channels....
24 Pages (6000 words) Essay

Global Marketplaces and Business Centers

Name: Instructor: Course: Date: Global Marketplaces and business Centres A global marketplace may be defined as a worldwide system of trade that has been growing since the 1970s.... The term ‘business center' has a number of meanings.... A business centre may be defined as a popular place in which many businesses are able to rent rooms for events, meetings or offices.... A business centre is also part of a town, city, country, or region where the main business activities and premises such as banks, shopping malls, factories, or offices are located....
4 Pages (1000 words) Research Paper

Develop business aptitude skills

Develop business Aptitude Skills 1.... INTRODUCTION Establishing an effective business networking has long been witnessed to ensure adequate opportunities for the entrepreneurs to build a productive relationship with different commercial institutions and potential clients.... hellip; In relation to the concept of business networking, the process can be termed as a practice of building mutual and beneficial relationships with different business organizations along with potential customers within a particular marketplace (Wickham & Wickham 3-78)....
3 Pages (750 words) Assignment

Relationship Formation in Marketplace

At that time the term e-commerce was introduced only for online transfer transactions such as data transfers, purchase orders, funds transfers and code transfers; that is, all the data transfer that was related to business and was done electronically was termed as e-commerce.... This paper "Relationship Formation in Marketplace" discusses the e-commerce market that has faced many changes since the past decade, the e-commerce or e-business market has been growing at record-breaking levels since the time it had been discovered....
7 Pages (1750 words) Case Study

Casa study of Computer Driven Trading

This research is aimed to analyze and discover the in-depth factors regarding the effectiveness or shortcomings of computer By eradicating many technical, geographic, and cost barriers impeding the comprehensive flow of information, the Internet is increasing the speed of information revolution, exciting new uses of information technology and latest business models (Loudon, 1998).... omputer driven trading is the exercise of computer programs for entering business dealing orders by means of the computer algorithm making an assessment on certain features of the order for instance the price, timing or still the closing amount of the orders....
5 Pages (1250 words) Essay

The Festive Marketplace Issues

For this kind of business to be privileged in the human heart, then it has to consider the following factors: high quality goods and services and that's what customers mainly go for, fairly priced goods and services, it should also offer a variety of goods and services so as to offer customers a wide collection to choose from.... The primary success of a business is based on its ability to meet the demands and needs of its customers.... In this case, the festival marketplace is our business line of concern....
7 Pages (1750 words) Essay

E-Business and e-commerce marketplace analysis

My organisation can achieve cost savings and marketing benefits through e-business and e-Commerce by using the internet to sell our goods online, this will significantly reduce the logistical costs involved while physically handling the goods.... My organisation can still make use of the cheap telecommunication available over the My organisation can achieve cost savings and marketing benefits through e-business and e-Commerce by using the internet to sell our goods online, this will significantly reduce the logistical costs involved while physically handling the goods....
1 Pages (250 words) Essay

Business Model Canvas Report

y business idea aims at increasing the ability of the greater population to monitor their blood glucose level.... Blood glucose level is the primary cause of diabetes with the My business model will target smartphone users with a hardware dongle attached to the smartphone and an app to analyse results from the dongle.... his business model will target the two smartphone manufacturers based on market share, Samsung and Apple.... This is coupled with the high costs of traditional glucose measuring devices provides relevance for my business idea....
4 Pages (1000 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us