Business-to-Business Electronic Commerce

Business-to-business commerce includes a broad range of intercompany
transactions, including wholesale trade as well as company purchases of
services, resources, technology, manufactured parts and components, and
capital equipment. It also includes some types of financial transactions between
companies, such as insurance, commercial credit, bonds, securities, and other
financial assets. The popular phrase “B2B e-commerce” refers to the substitution of
computer data processing and Internet communications for labor services in
the production of economic transactions. Many companies engaged in B2B
e-commerce are intermediaries between other companies that buy and sell goods
and services.