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Monday, May 20, 2024

Business-to-business

Commercial transaction between businesses


Business-to-business
Business-to-business

Business-to-business is a situation where one business makes a commercial transaction with another. This typically occurs when:

  • A business sources materials for its production process for output, i.e. providing raw material to the other company that will produce output.
  • A business needs the services of another for operational reasons.
  • A business re-sells goods and services produced by others.
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