Gourt > Regional > North America > United States > Business and Economy > Business to Business (1)
Business-to-business electronic commerce (B2B) typically takes the form of automated processes between trading partners and is performed in much higher volumes than business-to-consumer (B2C) applications. For example, a company that makes chicken feed would sell it to a chicken farm, another company, rather than directly to consumers. An example of a B2C transaction would be a consumer buying grain-fed chickens at a grocery store. B2B can also encompass marketing activities between businesses, and not just the final transactions that result from marketing. B2B also is used to identify sales transactions between business. For example a company selling photocopiers would likely be a B2B sales organisation as opposed to a B2C (business to consumer) sales organisation.
B2B standards
UN/EDIFACT is one of the most well known and established B2B standards. ANSI ASC X12 is a popular standard in North America. RosettaNet is an XML based, emerging B2B standard in the high tech industry. An approach like UN/CEFACT's Modeling Methodology (UMM) might be used to capture the collaborative space of B2B business processes.See also
- E-Business XML
- E-business
- Business-to-employee electronic commerce
- Electronic Data Interchange
- Center for E-Commerce Infrastructure Development
- UN/CEFACT's Modeling Methodology (UMM)
Business to Business :: Classifieds
Economy Likely To Dominate Presidential Debate
Tue, 07 Oct 2008 18:41:00 -0400
Republican John McCain and Democrat Barack Obama will meet in a town hall-style meeting in Nashville, Tenn. Topics are supposed to be divided between the economy and foreign policy, but given the financial crisis more questions are expected to focus on the topic.
Community Banks Insulated From Financial Crisis
Tue, 07 Oct 2008 16:41:00 -0400
Many community banks are largely insulated from the financial crisis. They take deposits and lend them to local businesses and home buyers. That model is looking quite stable right now.
Despite Bailout, Credit Markets Tight
Tue, 07 Oct 2008 16:40:00 -0400
The TED spread is used to determine how tight the credit markets are. The signal it is sending right now is that credit markets became tighter even after the $700 billion financial bailout bill was signed into law.
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