Explain the advantages a firm may achieve through engaging in B2B e-commerce

What will be an ideal response?

B2B commerce includes the exchange of information, goods, services, and payments between businesses using Internet technology. Businesses can link directly with their suppliers, factories, distributors, and customers, greatly improving the efficiency of the processes of ordering and delivering goods, tracking sales, and getting customer feedback. Companies use their Internet sites to deliver online technical support, product information, and customer service to corporate customers. This helps companies save money and create deeper relationships with their customers. B2B e-commerce also saves companies time and money by reducing necessary travel time, as employees can interact with far-flung customers online rather than face-to-face.