Profits, Always Stylish.WHAT DO B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. AND B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business STAND FOR? BACK-TO-CONSULTING and back-to-business. While the marketplace and the media bash the business-to-business concept along with everything else Internet, this month's cover article tells another story. Online operations are flourishing within Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. Inc. Big companies move into sophisticated electronic I systems for one basic reason: to boost profits. Unlike dot-corn companies, existing internal customers ranging from employees to suppliers use the trading platforms to improve efficiencies. No need for big bang big bang Model of the origin of the universe, which holds that it emerged from a state of extremely high temperature and density in an explosive expansion 10 billion–15 billion years ago. ad budgets to drum up business. Instead, the trading platforms hammer costs with competitive and comparative pricing, generating savings that flow straight to the bottom line. As with other efficiency trends, the pain of being an early adapter can try a corporate soul. Some chief information technology officers even question whether the madness to develop proprietary solutions from scratch is worth it. Indeed, their efforts may ultimately be replaced with off-the-shelf software. Nonetheless, build they must because the benefits won't wait. Multinational companies like Mexico's Grupo Carso Grupo Carso is a conglomerate of companies owned by the Mexican tycoon Carlos Slim. It was formed in 1990 after the merge of Corporación Industrial Carso and Grupo Inbursa. The name Carso stands for Carlos Slim and Soumaya Domit de Slim †, wife of Slim. and Argentina's Techint claim 20% savings in areas where such systems have been implemented. Microsoft's brash bid to help small and medium-sized companies get into the business-to-business arena should also serve as an indicator. Being online may a good way to boost profits, even if it has become passe pas·sé adj. 1. No longer current or in fashion; out-of-date. 2. Past the prime; faded or aged. [French, past participle of passer, to pass, from Old French; see . Mike Zellner MZellner@latintrade-inc.com |
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