Tuesday, November 14, 2006

Stock exchanges, online auction sites and job sites on the Internet serve as forums where transactions can take place in the financial

Others analyze information and advise buyers and sellers; these include rating agencies, product-rating companies such as JD Power & Associates and publications that rank universities and professional schools. Private sector institutions can also facilitate transactions, either by aggregating and distributing goods and services or by creating forums where buyers and sellers can conduct their own transactions.

The aggregators – venture capitalists, private-equity firms and banks in the financial market; retailers in the product market; and to some extent, universities in the talent market – help buyers and sellers find each other. Stock exchanges, online auction sites and job sites on the Internet serve as forums where transactions can take place in the financial, product and talent markets respectively. Multinational companies enjoy an edge in the intermediaries business because they bring expertise, credibility and experience to the table. However, emerging-market companies can take them on for three reasons.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

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