This website uses cookies to ensure you have the best experience. Learn more

Reading Report – Business To Business Transactions

1234 words - 5 pages

This report deals with business to business transaction models and various types systems that businesses implement to achieve efficiencies. It details how the increases in technology has made certain possibilities of business to business interactions that were impossible before, whether it was due to the lack of efficiency or lack of tools needed for such interactions to be possible. The internet has ushered in a whole new world of possibilities in business to business interactions. It is one of the major reasons why the expansion of business activities into the digital cyberspace have been an absolute necessity for an organization to be competitive in its market.
What business to business ...view middle of the document...

This happens when the businesses in question need specific items for their production of their item. For example, General Motors might have a relationship with Good Year tires and other tire companies for their need of tires for the cars that they produce. General Motors might have an automated business to business transaction system where depending on the amount of cars that they produce in a day, General Motors might order a specific number of tires based on a projection of how many cars that they will produce tomorrow. A horizontal market transaction is one that involves other businesses that provide goods and services of other industries dissimilar to its own. An example of this can be seen in the consulting industry. A business, let's assume General Motors again, wants to figure out a better control system in their payroll system so that most if not many of their disbursements will be made automatically. A consulting firm who specializes in payroll efficiency and optimization can come into General Motors to suggest several options. They can even implement the system that General Motors choose to go with. This all involves industries other than the automotive segment, such as consulting service and payroll system implementation service.
There are several business to business models categorized by the ownership of the said operation. In a company centric model, there is one company in relations with many different companies. For example, General Motors might have relationships to many different tire companies depending on the type of cars that they make. A Camaro might need tires from Good Year in their opinion, and a Silverado might need different tires from Michelin. If you expand this to their various different lines of the types of car that they make, they might choose a tire company to provide them with products based on different criteria. Perhaps truck tires are rated the best with Michelin, thus that is the reason why General Motors went with Michelin for the tires for their Silverado pickup truck line. Perhaps performance tires are better serve on the Good
Year brand, thus that is why they went with Good Year in terms of their Camaro sports car line. Perhaps they will need a cheaper alternative for their economy car lines such as the Aveo. These are all examples of one business having commerce relationships with several different competitive companies.
Another different way of looking at this operation ownership model is when you have one business selling to different businesses. In taking the General Motors as an example again, General Motors might provide cars for many different rental companies for their fleet. They can provide their economy cars to many different companies depending on the rental companies definition of the best buy. But this does not mean exclusive...

Other Essays Like Reading Report – Business to Business Transactions

Bus 378 International Commercial Law and International Business Transactions

2903 words - 12 pages International Commercial Law and International Business Transactions Bristan Keller BUS 378 International Business Law Ashford University Instructor Jumper May 5, 2014 International Commercial Law and International Business Transactions In recent years, various conflicts of law have been identified regarding commercial law and international business transactions. In most cases, there are procedures to follow when a conflict of law

Business to Business Essay

1624 words - 7 pages Business-to-Business Messages COMM 470 Business-to-Business Messages Writing business-to-business messages is difficult. Finding the correct wording, formatting, and ensuring the reader receives the message the way it was intended can be an interesting task. This paper will analyze three business-to-business messages and provide techniques to assist preparing memos and messages. Then in conclusion the paper will provide an example

Bsb110 Accounting Business Report

699 words - 3 pages of this report is to provide the owner of Galactic Marketing Agency an overview of the business performance for October in order to facilitate the decision making process. This report will pay particular attention to the business’s financial position and also the results of operations of the business. Although this report is prepared to provide the business owner with information about the business performance, it must be remembered that this

Business Analysis Report - Dymocks

2449 words - 10 pages Business Analysis Report: Dymocks Business in Australia Assignment 3 Sagar Satpute (n8916802) 1.0 Introduction: Dymocks Dymocks is the oldest Australian owned bookstore, with over 70+ stores spread across Australia and 12 in Hong Kong. It is a family owned business started by William Dymock in the year 1879, which focuses on leisure, learning and gift needs of all booklovers by providing excellent customer service and an enhanced book

International Business Report

2290 words - 10 pages International Business - Assessment One Research Report Executive Summary This report examines the global company Nike and how it progressed from a small American based company to one of the largest sporting footwear and apparel brands in the world. The entry mode into global business chosen by Nike of contract manufacturing has allowed the company to benefit on two particular fronts. Nike outsourced the manufacturing element of the business

Business Research Report

2855 words - 12 pages Business Research Report Establish New Market Presented to: Board of Directors for The Technology Training Academy Date: February 4, 2012 Table of Contents Executive Summary……………………………………………………………………………….3 Introduction………………………………………………………………………………………..4 Research Findings…………………………………………………………………………………5 Finding #1……………………………………………………………………………...5 - 6 Finding #2…………………………………………………………………………………5

Business Report Brazil

2797 words - 12 pages . Smith: Attached below you will find the business report that you have requested to find out where in Brazil we should expand our company, Smith’s Fruit Farm. In this report you will find all the information needed to expand our business into Brazil. During my initial research, I found out information about Brazil, such as their climate and culture, to find out if it is feasible to have a fruit farm in Brazil. After I conducted research, I

Etihad Business Report

2362 words - 10 pages November 2003, taking the lead in the fasting growing Airlines in the history of commercial aviation (2014, Etihad Airways). Synopsis This business report will critically analyse the extent to which, the five elements of the marketing process is addressed in the Etihad Airways Marketing Plan. The report will be divided into six main categories under the Marketing Process, they include; Situational Analysis, Market Research, Establishing

Square Pharma Business Report

2288 words - 10 pages holding the strong leadership position in the pharmaceutical industry of Bangladesh since 1985 and is now on its way to becoming a high performance global player. Their Future Focus are- • Strengthen its position in the present markets. • Work is in progress to enter into regulated markets in Europe and United States. In this report, we have tried to show you the actual business environment of Square Pharmaceutical

Business Goes to War

1722 words - 7 pages Liali Jera’i Business and human rights Response -1- week 5: business goes to war Fall 2012 Morality of privatized wars We are living in a world with rapid expansion of globalization, free market systems and privatization. Everything has advantages and disadvantages that may bring benefit and boom or harm and loss respectively. Due to the rise in the activities from corporations operating in their parent countries and abroad, a number of

Introduction to Business

357 words - 2 pages In this weeks lecture two companies that caught my eye as being profitable and highly respected are Fedelity Investments and Ecora Software. They both offer vital products and services to there customers. They assist people and business by offering such products and services all over the world.Fedelity Investments offers a huge range of financial services, from HR benefits to having one of the world's largest mutual funds supermarkets. Ecora

Related Papers

How Information Technology Has Improved Business Transactions

2181 words - 9 pages also becomes a medium to encourage people to join campaigns to protest a particular decision made by the government officials. In other words, it is an instrument for the ordinary people to be heard by the people in the government positions. One area that is truly graced by the internet is the business sector. Business transactions become a lot faster with the aid of the internet. Before, one has to meet the client personally

Business Report

1478 words - 6 pages Centre of Macquarie English Business, Accounting and Economics Course Business Report on Cochlear By Peishu Liang (Athena), 22859 Class: BAE5 January 18th, 2012 Peishu Liang (Athena) 22859 TABLE OF CONTENTS EXECUTIVE SUMMARY INTRODUCTION ETHICAL ANALYSIS OF COCHLEAR FINANCIAL STUDY OF COCHLEAR CONCLUSION AND RECOMMENDATIONS REFERENCES 3 4 5 6 8 9 2/10 Peishu Liang (Athena) 22859 Executive summary This report

Business Report

1461 words - 6 pages Business Report on imports of cars to Brazil or India with recommendation The theory of National competitive advantage gives Brazil and India an edge in the automobile industry and importation into either of the two countries would require well analyzed market research and supporting strategy. Brazil’s current import policies, tariffs, restrictions and incentives Muller, J. 2012(pp. 46-48) forecasts sales of cars will increase 68% from

Business Report

3349 words - 14 pages Executive Summary Newcrest Mining Limited has become one of the largest mining company in the world. It is listed in the Australian Stock Exchange and Port Moresby Stock Exchange. Its main business is mining for gold and copper. Currently it has mining areas in Orange, New South Wales, Lihir in Papua New Guinea, Bonikro in West Africa and also Gosowong, Indonesia. They export their production to Eastern Asia. They have plan to expand to