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A third contribution of this research is an attempt to link the proposed typology with additional factors present in interfirm relations. Several product Cheap Sports Jerseys , organizational and market characteristics need to be considered in the selection of the exchange type to achieve greater value from eCommerce. This chapter described these factors and discussed their importance with selecting a type of B2B exchange following the proposed classification scheme.

These factors are drawn from existing theories from organizational economics and marketing, and hold substantial value in influencing interfirm relations. Therefore, there is considerable evidence to suggest that these factors should be applied to selection of both the general type of B2B exchanges and also for specific B2B exchanges. While our typology holds for eCommerce relations, it theoretically applies to B2B relations both in the physical and eCommerce. Our assumption is that web-based IOIS enable electronic integration of any to- any relations and promote transactional efficiencies fee payment gateway irrespective of the number of participating firms. Therefore, the dimension of reach can be readily applied to any type of B2B relations. Nevertheless, in the absence of low-cost Cheap Jerseys Free Shipping , web-based IOIS, many-to-many exchanges are practically inapplicable.

Given the rapid development of electronic B2B exchanges, it is important to understand the complexity of interfirm relations based on a complete, parsimonious, and versatile typology. The proposed typology provides a simple and robust method to guide researchers and practitioners to identify alternative types of B2B exchanges in today’s chaotic ecommerce. From a managerial perspective, not only can managers select the most appropriate type of B2B exchange Cheap Jerseys Wholesale , but they are also given a set of additional factors to consider in making their selection. Based on product, organizational and market characteristics, firms can appropriately weigh these factors in their decisions for both the type and particular selection of B2B exchanges.

Despite the significant efficiency improvements that B2B exchanges can offer, the most important aspect of eCommerce is perhaps effective sourcing solutions. Successful eCommerce is a combination of transactional efficiencies, information related free payment gateway acquisition, partner selection and relationship management Cheap Jerseys From China , and also optimum design, planning and decision-making, among others.

Each exchange type determines the number of potential partners (reach), the availability of products (range) and the nature of the buyer-supplier relationships (reciprocity). For example, each exchange type shapes the nature of the services offered; few-to-few exchanges emphasize collaborative services, while many-to-many highlight search engines and transaction-facilitating services. In addition Cheap Jerseys China , through reach, range and reciprocity, exchange type influences transactional terms such as price, timeliness of delivery and product quality. For instance, few-to-few and many-to-few exchanges emphasize product quality, whereas many-to-many and few-to-many stress the importance of competitive price and delivery terms. Therefore Cheap Jerseys , each type of B2B exchange has a dissimilar approach of creating value by differently affecting these terms.

In general, the factors related to product characteristics are asset specificity and procurement complexity; factors associated with organizational characteristics are purchase importance and novelty, formalization, centralization and switching costs; in terms of market characteristics, other factors are uncertainty and transaction activity. By taking into account these additional factors, a more informative selection of a B2B exchange could result in higher value creation. It should be noted that this classification is not exclusive since a single B2B exchange may target various quadrants.

NEW YORK Cheap Vegas Golden Knights Jerseys , Sept. 18 (Xinhua) -- U.S. stocks ended higher on Monday, with Dow and S&P 500 closing at record highs, as investors were awaiting the closely-watched Federal Reserve meeting scheduled later this week.


The Dow Jones Industrial Average gained 63.01 points, or 0.28 percent, to 22,331.35. The S&P 500 added 3.64 points Cheap Winnipeg Jets Jerseys , or 0.15 percent, to 2,503.87. The Nasdaq Composite Index was up 6.17 points, or 0.10 percent, to 6,454.64.


Fed's two-day monetary meeting will kick off on Tuesday. It is widely expected that the central bank won't raise interest rates in the meeting Cheap Washington Capitals Jerseys , but investors are expecting the Fed to announce the unwinding of its 4.5-trillion-U.S.-dollar balance sheet.


Bruce Bittles, chief investment strategist at U.S. investment service firm Baird, said in a note on Monday that the Fed "faces no great urgency to raise the level of fed funds in 2017 considering inflation remains below Fed targets and given the uncertainty surrounding the economic effects of hurricanes Harvey and Irma."


U.S. stocks notched solid gains last week, with the Dow posting best weekly performance since December, as investors mainly focused on economic data.


Last week, the blue-chip Dow rose 2.16 percent Cheap Vancouver Canucks Jerseys , and the broader S&P 500 was up 1.58 percent, while the tech-heavy Nasdaq rallied 1.39 percent.


China marks 86th anniversary of "September 18 Incident"


Panama's president, Chinese FM inaugurate Chinese embassy in Panama City


Interview: China's B&R Initiative positive to world -- Singaporean PM


Chinese embassy in France opens for first time in European Heritage Days


Special snacks displayed during 14th China-ASEAN Expo


Scenery of paddy fields in Baicheng, NE China's Jilin


China Focus: World's oldest panda dies aged 37


Scenery of terraced fields at Wuyishan in SE China's Fujian


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