How do B2B exchanges allow businesses to cut costs and improve efficiency?

(a) They allow businesses to buy, sell, auction, barter and distribute products and services.
(b) They allow businesses to develop better descriptions of their merchandise to publish in their catalogs.
(c) They allow businesses to experiment with different Web site designs to find the design that best fits their consumer group.
(d) They allow businesses to determine which items will sell best.

Ans: (a)

Business

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Technological factors __________.

Fill in the blank(s) with the appropriate word(s).

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A popular haberdashery could take a customer's measurements in the afternoon and produce a dandy suit ready for customer pickup by next morning. Their competitive priority was:

A) variety. B) top quality. C) delivery speed. D) on-time delivery.

Business