What is IOS?

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Inter-organizational Systems (IOS)

With respect to Electronic Commerce, an IOS involves the flow of information among two or more organizations. IOS support efficient transaction processing for example transmitting orders, bills and payments using EDI or extranets. In IOS all relationships are predetermined. There is no need of negotiation. Whereas in electronic markets sellers and buyers negotiate, submit bids, agree on an order and finish the transaction. IOS are used mainly for B2B applications. Whereas electronic markets exist in both B2B and B2C cases.

First answer by Mahmoodalam786. Last edit by Mahmoodalam786. Contributor trust: 0 [recommend contributor]. Question popularity: 1 [recommend question]

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