Business to Business Assignment Example | Topics and Well Written Essays - 2250 words

Business to Business - Assignment ExampleThe paper tells that peck or task has always been matchless of the vital factors that have regulated the ontogenesis and development of any civilisation. It has not only helped in the advancement of civilization but also been instrumental in the process of globalization. However, with the passage of time, the process of globalization and modernization has brought significant changes in the social, cultural and economic aspects of human race. The almost significant change can be observed in the field of technology which has dramatically altered and invited the chore activities. The process of globalization and modernization has make the global business environment very attractive with business organizations being able to access overseas markets with least constraints compared to earlier times. However, on the other hand, collectable to globalization, the global business environment has become much more competitive with the introduction of fall by the wayside trade policies. . In this regard, Hope and Maeleng have identified free trade policy as a competition-enhancing device. In order to cope with this increase in competition, business organizations are constantly trying to need in a number of improvements in their business activities and hence, they clearly identify the importance of business activities and associated stakeholders. Business related transactions can happen surrounded by any two individuals, or government and non-government organization. In this age of technological advancements, business organizations are trying to maintain transactions in electronic medium. The office of internet backed technologies like e-commerce has revolutionized all types of business transactions, be it business to business or business to customer transactions3. Relevant Literature In the post-modern business scenario, business models have been transformed with the changing nature of the business environment. In order t o survive in the market, business organizations are constantly trying to make up technological advancement in their business process. E-commerce and e-business are two most vital technological advancements in this field. There are a number of reasons that has initialized much(prenominal) technological advancements. Barbara Parker has identifies major factors that brought such technological changes in the business process. Some of them are like increased process of innovation through research and developments demand of developed working process and lifestyles demand for better interconnectivity in global market etc4. Due to these initiatives, the business organizations are currently enjoying better leverage for growth and development. The nature of the business model in an organization depends on the nature of commercial activities that they are engaged in. A business to business transaction is one in which a business organization interacts with another business organization. Exam ple, in the case of manufacturers of automobile parts, they will be dealing with other automobile manufacturers who instanter supply finished products to the market for sales... However, the company that buys automobile parts from another company and delivers the final product to the customer, is engaged in both commercial transactions, business to business and business to consumers. The primary focus of this paper is on the business to business commercial transaction and hence, the analysis and discussion aim to cater the same. umteen post-modern organizations are incorporating latest technologies to enhance the value of their business by offering better customer services. In the process of business to business transactions, technologies like e-business and e-commerce influence the value chain of the company as the traditional value chain transforms to a new upgraded one. Value chain of a business includes its primary and supporting(a) activities. The incorporation of e-business technologies in