Podcast
Questions and Answers
What is a characteristic of private industrial networks?
What is a characteristic of private industrial networks?
- They involve secure connections to suppliers and partners. (correct)
- They exclusively focus on consumer goods.
- They are open to all users without restrictions.
- They operate independently without third-party involvement.
Which type of marketplace focuses specifically on a certain product?
Which type of marketplace focuses specifically on a certain product?
- Vertical marketplace (correct)
- Private exchange
- Public marketplace
- Horizontal marketplace
What percentage of smartphone owners utilize location-based services?
What percentage of smartphone owners utilize location-based services?
- 85 percent
- 50 percent
- 74 percent (correct)
- 90 percent
Which of the following is an example of geo advertising?
Which of the following is an example of geo advertising?
What is a defining feature of net marketplaces?
What is a defining feature of net marketplaces?
What type of marketplaces serve as single digital spaces for multiple buyers and sellers?
What type of marketplaces serve as single digital spaces for multiple buyers and sellers?
What is a significant characteristic of geosocial services?
What is a significant characteristic of geosocial services?
Which of the following is NOT a type of location-based service mentioned?
Which of the following is NOT a type of location-based service mentioned?
Which type of marketplace would most likely be used for purchasing direct goods?
Which type of marketplace would most likely be used for purchasing direct goods?
Which group is known to extensively use location-based services?
Which group is known to extensively use location-based services?
Which type of marketplace is designed to facilitate spot purchasing through independent third parties?
Which type of marketplace is designed to facilitate spot purchasing through independent third parties?
What is a key feature of net marketplaces?
What is a key feature of net marketplaces?
In which location-based service are users primarily informed about the whereabouts of their friends?
In which location-based service are users primarily informed about the whereabouts of their friends?
Which type of marketplace is characterized by focusing on various needed products rather than a specific product?
Which type of marketplace is characterized by focusing on various needed products rather than a specific product?
What percentage of smartphone owners are reported to utilize location-based services?
What percentage of smartphone owners are reported to utilize location-based services?
Flashcards
Private industrial networks
Private industrial networks
Secure online systems connecting large firms with suppliers and partners.
Net marketplaces
Net marketplaces
Digital platforms for many businesses to buy/sell products.
Exchanges
Exchanges
Independent online marketplaces for quick product purchases.
Location-based services
Location-based services
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Geosocial services
Geosocial services
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What are private industrial networks?
What are private industrial networks?
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What is a net marketplace?
What is a net marketplace?
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What's the difference between vertical and horizontal marketplaces?
What's the difference between vertical and horizontal marketplaces?
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What are exchanges?
What are exchanges?
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What are geo-advertising services?
What are geo-advertising services?
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Private Exchange
Private Exchange
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Vertical vs. Horizontal Marketplaces
Vertical vs. Horizontal Marketplaces
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Geo-advertising services
Geo-advertising services
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Study Notes
New Ways of B2B Buying and Selling
- Private industrial networks/exchanges: Large firms use secure websites to connect with suppliers and partners.
- Net marketplaces (e-hubs): A single digital marketplace for various buyers and sellers. May focus on direct or indirect goods. Can be vertical (specific product) or horizontal (various products).
- Exchanges: Independently owned third-party net marketplaces for immediate purchasing.
Location-Based Services and Applications
- Prevalence: Used by 74% of smartphone owners.
- Functionality: Based on GPS and map services.
- Types:
- Geosocial services: Locating friends.
- Geo-advertising: Showing nearby shops.
- Geo-information services: Providing information like house prices.
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Description
Explore the latest methods of B2B buying and selling, including private industrial networks and net marketplaces. Understand the significance of exchanges and how they facilitate immediate purchasing. Additionally, discover the impact and applications of location-based services in today's digital landscape.
