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Which of the following business model consists of an independently owned vertical digital marketplace for direct inputs?Question 22Answera.e_Exchangeb.Private industrial networkc.e_Procurementd.e_Distributor

Question

Which of the following business model consists of an independently owned vertical digital marketplace for direct inputs?Question 22Answera.e_Exchangeb.Private industrial networkc.e_Procurementd.e_Distributor

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Solution

The business model that consists of an independently owned vertical digital marketplace for direct inputs is a. e_Exchange.

Here's why:

a. e_Exchange: This is a type of business model where a company sets up a digital marketplace where suppliers and buyers can conduct business. It's independently owned and focuses on direct inputs, making it the correct answer.

b. Private industrial network: This is a digital network designed to streamline and automate business processes within a specific industry. It's typically not independently owned and doesn't focus solely on direct inputs.

c. e_Procurement: This is a business model where a company uses electronic systems to acquire goods and services. It doesn't necessarily involve an independently owned vertical digital marketplace.

d. e_Distributor: This is a business model where a company acts as a distributor of goods and services online. It doesn't involve an independently owned vertical digital marketplace for direct inputs.

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