Final answer:
In the modern business world, there is a growing number of interactions between businesses and customers. This is due to technology and globalization, which have made it easier for consumers to order products from anywhere in the world. As a result, local businesses face increased competition and business-to-business websites have emerged to connect buyers and suppliers globally.
Step-by-step explanation:
In the modern business world, a growing number of interactions between businesses and customers are taking place. Two important shifts have affected how markets are defined: technology and globalization. With advancements in communication technology, such as the internet, consumers can now order products from anywhere in the world. This has increased competition for local businesses and has led to the rise of business-to-business websites that connect buyers and suppliers globally.