B2B Buying and Selling Innovations
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Questions and Answers

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?

  • Vertical marketplace (correct)
  • Private exchange
  • Public marketplace
  • Horizontal marketplace
  • 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?

    <p>Knowing which shops are located nearby.</p> Signup and view all the answers

    What is a defining feature of net marketplaces?

    <p>They facilitate spot purchasing and are independent.</p> Signup and view all the answers

    What type of marketplaces serve as single digital spaces for multiple buyers and sellers?

    <p>Net marketplaces</p> Signup and view all the answers

    What is a significant characteristic of geosocial services?

    <p>They allow users to see where their friends are.</p> Signup and view all the answers

    Which of the following is NOT a type of location-based service mentioned?

    <p>Geolocated social media</p> Signup and view all the answers

    Which type of marketplace would most likely be used for purchasing direct goods?

    <p>Vertical marketplaces</p> Signup and view all the answers

    Which group is known to extensively use location-based services?

    <p>Smartphone owners</p> Signup and view all the answers

    Which type of marketplace is designed to facilitate spot purchasing through independent third parties?

    <p>Exchanges</p> Signup and view all the answers

    What is a key feature of net marketplaces?

    <p>They serve as a digital space for various buyers and sellers.</p> Signup and view all the answers

    In which location-based service are users primarily informed about the whereabouts of their friends?

    <p>Geosocial services</p> Signup and view all the answers

    Which type of marketplace is characterized by focusing on various needed products rather than a specific product?

    <p>Horizontal marketplaces</p> Signup and view all the answers

    What percentage of smartphone owners are reported to utilize location-based services?

    <p>74%</p> Signup and view all the answers

    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.

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