Which of the following can be especially useful for a company that needs to conduct secure and frequent communications and transactions with key suppliers?

Question

Quizplus · Accepted Answer

An extranet is a private network that allows secure and frequent communication between a company and its key suppliers, making it the best choice for this scenario. Buying centers refer to groups of individuals within a company involved in the purchasing process. A trading exchange is a platform where buyers and sellers can meet and conduct transactions, but it may not be secure enough for frequent communication. A reverse auction is a type of auction where suppliers bid for the buyer's business, and while it can be useful for procurement, it does not necessarily facilitate secure communication. An intranet is a private network for internal use within a company and would not involve key suppliers.

Which of the Following Can Be Especially Useful for a Company