When organizations come to a company's Web site for procurement, such business is classified as a(n):
A) Buy-side marketplace.
B) Sell-side marketplace.
C) Electronic exchange.
D) None of these.

Question

Quizplus · Accepted Answer

When organizations come to a company's Web site for procurement, the business is classified as a sell-side marketplace. This is because the company is selling its products or services directly to other businesses through its website.

When Organizations Come to a Company's Web Site for Procurement