This entry will be focusing on Business-to-Business (B2B) transaction since ITC382 subject are relating to B2B transaction more According to the book ‘Electronic- Commerce: A Managerial Perspective 2006 by Efraim Turban, Pearson Education’; the basic concepts of B2B refers to transaction or interactions occur between businesses organizations, that is conducted electronically over the Internet, extranets, intranets, private network and to name a few. Usually B2B transactions involved large amount of product or services requested from the buyer to the seller.
B2B business have varies type of business activities. It usually is conducted alongside with the supply chains of the company. Supply chain are the material, information, money, services and raw material that is from suppliers to factories and to warehouses where the trail will end to the customers. In B2B concept customer can be an organization requesting for product and services from seller.
With the existence of B2B transaction a proper systems are required to ensure that all the transaction or communication between seller and buyer are reliable. This is to prevent unwanted incident such as organization’s system being hack by hacker, vital information being tap, server breakdown, error in server and etceteras. Such issue should be minimize to as low as 0% so that the organization able to gain the customer trust to deal business using the Internet and the facility provided.
Reference
Efraim Turban(2006), "Electronic-Commerce: A Managerial Merspective 2006", 2006 edition, Pearson Education.
