Formal Memo Proposal Research Paper Example | Topics and Well Written Essays - 750 words

Formal Memo Proposal - Research Paper Example Organizations have rivals as well as companies that complement their services. The audience should realize that the greater benefit goes to the end users who use the goods or services provided by the business. Traditional B2B transaction procedures are ineffective because they require enterprises to calculate transactions costs for setting up and maintaining stores. The personnel carrying out the transaction must be paid duly besides footing other business expenditure when linking up with other firms. Additionally, organizations must ensure that they have conducted many operations to decrease the overall costs incurred. The distributors are also required to prepare to handle high quantities of goods. Poor business-to-business transaction strategies have led to poor profits in businesses. Ineffective B2B strategies play a significant role in contributing towards massive losses that businesses incur when carrying out transactions. Dependence on stores to allow easy distribution of goods calls for extra business expenditures such as personnel to move and distribute goods to other enterprises. The current B2B transaction procedures are ineffective because of the high quantities of goods supplied. The transactions are run with utter inaccuracy due to involvement of high human processing systems. The ineffective brick and mortar transactions can benefit from digital methods, but there are businesses that are yet to exploit the alternative. The proper B2B strategy will help businesses facilitate lucrative transfer of raw materials, components, and parts that can boost their revenue base. The quantity of sales may not be high in a single transaction, but it accumulates to a high amounts. A business does not need to focus on selling goods to customers only. Businesses have the potential to explore transaction procedures that have on costs and increase the overall profit expected.