Freemarket Online

single Case analytic thinking FREEMARKETS, Inc. Electronic Commerce attention 671 Radford University Spring 2001 J. Ben Reeves Individual Case outline FREEMARKETS, Inc Contents I. foundation garment II. Description of the beau monde III. Description of the Industry IV. Description of FreeMarkets Auctions V. Analysis of ostiarys Five Forces VI. STEEP and SWOT Analysis VII. line of business Model VIII. cigaret Markets IX. Company Core Competencies X. Company and Industry Financial Information XI. notice Company Challenges XII. fuss Statement XIII. Strategies and Recommended Actions XIV. Summary XV. References INTRODUCTION Electronic commerce (e-commerce) has traditionally been obscure into two main categories: Business to Business (B2B) and Business to Consumer (B2C). B2B e-commerce is loosely defined as sal es of goods and services mingled with firms, transacted over the Internet.

B2B e-commerce is by far the largest segment of the Internet economy, be for 92% of all electronic commerce worldwide and $450 million of stinting activity in the U.S. last year. B2B E-commerce is expected to gain at a compound annual rate of 61% and by 2004 will account for 25% of national GDP. The triumph of e-commerce for the most part and B2B e-commerce in particular stems from its ability to bring about merchandises much(prenominal) in effect(p) in an economic sense. B2B has been successful in creating more economical marketplaces by reducing market risks caused by informational asymmetri es and by adding more legatoity to markets.! Added unstableity is a result of an electronic markets ability to aggregate buyers and sellers at a genuinely low cost, especially when they are spread out across a large geographic area. A more liquid market tends to drive prices closer to cost, which in turn forces sellers and producers to go across more efficient. For example, a firms procurement...If you want to suffer a full essay, order it on our website: OrderEssay.net

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