business-to-business
(adjective)
Of businesses selling to other businesses.
Examples of business-to-business in the following topics:
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Categories of Business Products
- Business-to-business (B2B) describes commerce transactions between businesses, such as between a manufacturer and a wholesaler or a wholesaler and a retailer.
- Component Parts: Manufacturers produce products, from raw materials to component parts, which they then sell at a profit.
- Business Services: Service businesses offer intangible goods or services and typically generate a profit by charging for labor or other services provided to government, other businesses, or consumers.
- There are many other divisions and subdivisions of businesses.
- The authoritative list of business types for North America is generally considered to be the North American Industry Classification System (NAICS; pronounced "nakes").
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Defining Business Marketing
- Business marketing includes all activities involved in communicating the value of a business's products and services to another business.
- Business marketing is the practice of individuals or organizations (i.e., commercial businesses, governments, and institutions) promoting and selling products and/or services to other organizations.
- Like business-to-consumer (B2C) marketing, business-to-business (B2B) marketing, or business marketing, relies on product, price, placement, and promotion to competitively position the product offerings, promote the brand, and efficiently use company resources.
- Because B2B sales tend to be much larger than consumer purchases, business marketers use different channels to reach their target audiences.
- Therefore, CRM systems help business marketers integrate metrics from different activities to accurately assess how marketing directly contributed to the transaction.
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The Small Business Administration
- The Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses.
- The Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses.
- Under the Recovery Act and the Small Business Jobs Act, SBA loans were enhanced to provide up to a 90 percent guarantee in order to strengthen access to capital for small businesses after credit froze in 2008.
- The SBA helps lead the federal government's efforts to deliver 23% of prime federal contracts to small businesses.
- Small business contracting programs include efforts to ensure that certain federal contracts reach woman-owned and disabled veteran-owned small businesses.
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The Impact of Business Owners on Success and Failure Rates
- As the creator, organizer, and manager of a business, a business owner is critical to the success or failure of a given venture.
- Another key consideration of a business owner is who (if anyone) to bring on board alongside them.
- Along similar lines, business owners need the capacity to communicate their vision to stakeholders.
- The ability to sell the idea itself is therefore another critical success factor for any business owner.
- Business owners with a strong strategic ability to plan, highly developed interpersonal skills, key industry skills/knowledge, and the willingness to take risks and be accountable are poised for the highest rates of success in small business ventures.
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Types of Businesses
- American economist Milton Friedman once famously proclaimed that "the business of business is business. " Capitalist economies such as the United States rely on businesses to legally produce capital from the trading of goods and services.
- Businesses also vary by industry due to the wide variety of products and service they offer to the market.
- The following industry classifications are usually applied to businesses:
- Service businesses offer intangible goods or services and typically generate a profit by charging for labor or other services provided to government, other businesses, or consumers.
- Transportation businesses deliver goods and individuals from location to location, generating a profit on the transportation costs.
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E-Business Strategy
- The term electronic business (commonly referred to as E-business or e-business) is sometimes used interchangeably with e-commerce.
- Electronic-business methods enable companies to link their internal and external data-processing systems more efficiently and flexibly, to work more closely with suppliers and partners, and to better satisfy the needs and expectations of customers.
- While e-business refers to a strategic focus with an emphasis on the functions that occur using electronic capabilities, e-commerce is a subset of an overall e-business strategy.
- Electronic applications enhance information flow between production and sales forces to improve sales-force productivity.
- This greatly reduces the burden on the company's customer service team, allowing them to deal with only the most highly escalated cases.
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Introduction
- Editor: Buie Seawell (Daniels College of Business, University of Denver, USA)
- Reviewer: James O'Toole (Daniels College of Business, University of Denver, USA)
- Framing the structure and content of business ethics is a presumptuous undertaking, but one I believe to have real merit.
- The reader might spend a lifetime as student and practitioner in the most exciting field of applied ethics: business ethics.
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Small Businesses and U.S. Jobs
- By addressing a need left unmet or innovating more rapidly than large multinational corporations, small businesses are able to carve out new niches for themselves.
- Recent advancements in technology can reduce the amount of capital needed to start a small business and increase opportunities to scale up rapidly and cost efficiently.
- While different industries display differing degrees of entry barriers, most small businesses must obtain a certain amount of capital to begin operations.
- The small-business share of employment is relatively stable, as shown in the graph above: the bold red line representing all small businesses stays at around 50 to 55% of the total share of employment.
- Discuss the growth of small businesses in relation to the U.S. economy
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The Business Plan
- The key elements of a business plan include a comprehensive presentation of relevant information, from market analysis to company financials.
- This section offers tips on what to include and how to keep it brief and succinct.
- Marketing & Sales Management: The marketing and sales section explains how the company plans to market your business and what is your sales strategy.
- Funding Request: If you are seeking funding for your business, find out what information you need to include in your plan to ensure success.
- Again ,if funding is required this section details the expected cash flows and other critical financial projections to allow potential investors to understand the risks and returns they can expect.
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Introduction to Writing in Business