An ________ is an independently owned, online marketplace that connects hundreds to potentially thousands of suppliers and buyers in a dynamic, real-time environment.

Question

Quizplus · Accepted Answer

The definition fits an exchange, as it connects multiple suppliers and buyers in a real-time environment. E-distributors and e-procurement companies typically have more focused supply chain roles, and industry consortia are groups of companies that work together for mutual benefit, rather than an online marketplace.

An ________ Is an Independently Owned, Online Marketplace That Connects