How are social networks being used in B2B e-commerce?

What will be an ideal response?

In B2B e-commerce, social networks are beginning to be common tools for procurement offers, managers of supply chains, logistics managers and others engaged in B2B e-commerce. Social networks can provide personal connections among customers, suppliers, and logistics partners that are needed to keep the supply chain functioning, and to make decisions based on current conditions. Participants in the supply chain are using social networks for purchasing, scheduling, exception handling, and deciding with their B2B customers and suppliers. In many cases, supply chain social networks are private and owned by the largest firm in the supply chain network. In other cases, firms develop Facebook pages to organize conversations among supply chain network members. Public social network sites like Facebook and Twitter can be excellent for coordinating the flow of information among business partners through the supply chain.

Business

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Discuss the impact of technological change and automation on global markets

What will be an ideal response?

Business

Travelers using airline Web sites to book their flights directly without the use of travel agents is resulting in the reintermediation of travel agents

Indicate whether the statement is true or false

Business