Please written by computer source Umaga Bank, an online banking organization with over 5,000,000 employees across the globe has realized their inefficiency with regards to their organizational structure sins they operate in a traditional hierarchical structure. They intend to become a collaborati organization due the benefits of collaboration. Discuss five (5) necessary requirements/ will need to meet to become an efficient network-based and non-hierarchical stras organization.

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Business to Business

Business to Business marketing is a business model where businesses make transactions or work with one another. It is a model in which one business is involved in the sales of products and services to other businesses rather than to the end-users or customers. The best way to understand a B2B model is by considering the relationship between a wholesaler and a retailer. In this case, the wholesaler (business) supplies its goods to a retailer, which is another business entity. So, here the transactions occur between two different business entities.