Which form of e-market place brings together buyers and sellers from the same industry ?
A vertical e-marketplace focuses on a single specific industry (such as automotive, chemicals, steel, or healthcare) and brings together buyers and sellers along that…
Choose your answer
Which form of e-market place brings together buyers and sellers from the same industry ?
Answer and explanation
Correct answer B
A vertical e-marketplace focuses on a single specific industry (such as automotive, chemicals, steel, or healthcare) and brings together buyers and sellers along that industry's supply chain. A horizontal e-marketplace cuts across multiple industries to provide common goods and services such as office supplies or maintenance, repair, and operations (MRO) items.
Practice for these exams
-
UGC NET Commerce