Defining B2B Commerce Before Internet: 6 B2B transactions called trade or procurement process a Total inter-firm trade o Total flow of value among firms ■B2 B commerce: .o all types of computer-enabledinter-firm trade ■B2Be- commerce: The portion of b2b commerce enabled by the internet Copyright C 2014 Pearson Education, Inc. Publishing as Prentice Hall Slide12-6Defining B2B Commerce ◼ Before Internet: ❖ B2B transactions called trade or procurement process ◼ Total inter-firm trade: ❖ Total flow of value among firms ◼ B2B commerce: ❖ All types of computer-enabled inter-firm trade ◼ B2B e-commerce: ❖ The portion of B2B commerce enabled by the Internet Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall Slide 12-6