Which statement about company-centric marketplaces is INCORRECT?

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Multiple Choice

Which statement about company-centric marketplaces is INCORRECT?

Company-centric marketplaces are owned and controlled by a single company and are built to serve that company’s needs, typically to streamline procurement by connecting the company to multiple suppliers. The common use is on the buy-side: many suppliers supplying to one buyer, simplifying purchasing for the company. The statement that they support selling needs (one to many) describes a scenario where the marketplace is used to sell to many external customers, which is not the usual role of a company-centric marketplace. In practice, these platforms focus on the company’s purchasing activities rather than acting as a broad sell-side channel.

Company-centric marketplaces are owned and controlled by a single company and are built to serve that company’s needs, typically to streamline procurement by connecting the company to multiple suppliers. The common use is on the buy-side: many suppliers supplying to one buyer, simplifying purchasing for the company.

The statement that they support selling needs (one to many) describes a scenario where the marketplace is used to sell to many external customers, which is not the usual role of a company-centric marketplace. In practice, these platforms focus on the company’s purchasing activities rather than acting as a broad sell-side channel.

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