Internet tools used in the B2B market that focus primarily on lowering price do not always lower total purchasing costs.

Question

Quizplus · Accepted Answer

Internet tools used in the B2B market helps increase the number of suppliers competing for the business,which can in turn drive down prices or provide more beneficial terms of sale.But sometimes dealing with one supplier with which a firm already has a good relationship is more important and lowers total cost.

Internet Tools Used in the B2B Market That Focus Primarily