Many firms now engage in some form of B2B (business-to-business) Internet-based commerce. A specific type is B2B

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Many firms now engage in some form of B2B (business-to-business) Internet-based commerce. A specific type is B2B buy-side, which is Internet technology that allows firms to solicit bids on inputs that firms require to support production, sales, and administration. Interested and qualified vendors can view the bid specifications and then electronically submit offers to sell the firms the needed inputs. Search the Internet to learn about B2B buy side systems, and then discuss how a small firm could use a B2B buy-side system to reduce its supply chain costs.

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Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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