You are taking a crash course in e-business in order to compete for a plum job opening in the field. However, you missed the class on popular B2B e-business tools and asked a friend to give you her notes. What points were made during the session?

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Question Continuation

a. Intranets are accessible through the firm's Web site by external customers, suppliers, or other authorized users.

b. Extranets help companies share information among employees.

c. Private exchanges offer the ability to collaborate on projects and share information.

d. Private exchanges are used in an arrangement sometimes called proprietary business.

Answer:

Private exchanges offer the ability to collaborate on projects and share information

Explanation:

A crash course is a course taken with a short interval in a specific or particular subject. While the crash course is on, it is expected that one would be the basics, facts or skills relating to that job.

The B2B, also referred to as Business to Business platform or e-biz involved the online – through an online sales portal – sale of products and services between companies.

It deals with the exchange of products, services or information between businesses, rather than between businesses and consumers.

The B2B tools allows the ability to work in group on projects and it allows easy platform to share information between members of the group.

Answer:

Private exchanges offer the ability to collaborate on projects and share information

Explanation:

B2B e-business  means business to business electronic commerce or business, which involves the sales of good through the internet or online method. This usually involves the use of electronic business tools like website, social medial and probably a CRM system, i.e customer relationship management system.

In an e-business class or course, private exchange will be mentioned. A Private Exchange means an ad exchange auction held by a single publisher for a select group of advertisers .And it is always owned and operated by a single company.

In this case, private exchanges  gives the owner ability to collaborate and share information especially to the target people.