Business to Business (or B2B as it is commonly referred to) is an electronic means of carrying out business transactions between two or more businesses. B2B incorporates everything from manufacturing to service providers.
There are several examples of B2B models.
- Using B2B a company can leverage the Internet to place orders electronically, receive electronic invoices and make electronic payments.
- Other examples include project extra nets, e-Hubs and e-commerce applications