rising Market Mechanisms in Business-toBusiness E Commerce: A example* International Conference on 1 Emerging Market Mechanisms in Business-toBusiness E Commerce: A exemplar Abstract Several researchers bear predicted a significant go forth trajectory for Businessto-Business (B2B) applications of E Commerce. Over the weather five years, a variety of grocery mechanisms have emerged to address dissimilar issues pertaining to B2B E Commerce. However, there is a general lack of agreement among the researchers and practitioners on two key issues: What are the key characteristics of these grocery storeplace mechanisms? What factors see upon the choice of one securities industry mechanism over the other? Our certain research addresses these questions through a withdraw of 13 opposite market mechanisms in operation today. The study shows that B2B market mechanisms have the potential to enable organizations overcome the limitations of tradition al markets such as scurvy market liquidity, high transaction cost and low operational velocity. The study reveals that while some(prenominal) market mechanisms kindle competitive market behaviour among the participants, some others facilitate newer collaborative mechanisms. Four factors significantly ride the choice of an appropriate market mechanism for an organization.
These include asset specificity, academic degree of fragmentation, complexness of product description and complexity of value assessment. We have coercive a theoretical account using these factors that unambiguously positions these market mech anisms. The framework will help organization! s devise appropriate strategies to exploit B2B market mechanisms. 2 I. INTRODUCTION The increment of electronic markets has dwarfed the historical growth patterns of other sectors of the industry. Kshetri and Dholakia [1] presented Business-to-Business (B2B) market projections by several consulting firms. According to them, planetary B2B market is estimated to grow from US $ 919 Billions in 2001...If you essential to draw off a full essay, order it on our website: OrderCustomPaper.com
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