Go2Paper is an example of which of the following business models?Question 4Answera.e-distributorb.e-procurement companyc.exchanged.industry consortium

To determine the correct business model that Go2Paper represents, let's consider the definitions and characteristics of each option provided.

1. e-distributor: This type of business model involves selling goods directly to customers or businesses through an online platform. e-distributors typically provide a wide range of products and focus on the consumer market.

2. e-procurement company: This model focuses on the purchasing activities of businesses and helps organizations acquire goods and services through electronic means. e-procurement solutions often include tools for sourcing, vendor management, and transaction processing.

3. exchange: This refers to a marketplace where buyers and sellers can directly interact and conduct transactions. Exchanges usually facilitate the buying and selling of goods and services and can operate in various industries.

4. industry consortium: This model consists of multiple companies or organizations that collaborate to achieve common goals or to enhance competitiveness within their industry. Industry consortia often focus on standards, joint research, or shared resources.

Analysis

Go2Paper is primarily a platform that specializes in connecting buyers and sellers in the paper industry, facilitating transactions and relationships between various stakeholders. Given that it serves as a marketplace for specific goods, it aligns most closely with the definition of an exchange.

Final Answer

Go2Paper is an example of an exchange business model.