BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It means trade between business to business
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The deals between business to banks
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It suggests transactions between banks and capitalists
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All of the above
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Detailed explanation-1: -Business-to-business, or B2B, refers to commerce between two businesses rather than between a business and an individual consumer. Transactions at the wholesale level are usually business-to-business, while those at the retail level are most often business-to-consumer (B2C).
Detailed explanation-2: -B2B ecommerce is the process of marketing and selling products between two businesses online. The goal is simple: expand customer reach and reduce cost-to-serve to drive more revenue for your business.
Detailed explanation-3: -Manufacturing materials, clothing, car parts and semiconductors are B2B examples. These materials are a part of the transactions between two businesses.
Detailed explanation-4: -As the development of globalization, consumerism, and trading has continued, there has been a lot of talk about four models for business B2C (Business to Consumer), B2B (Business to Business), C2C (Consumer to Consumer) and C2B (Consumer to Business). Each of these has proven to be the successful business model.
Detailed explanation-5: -B2B ecommerce simply refers to one business selling wholesale online to other businesses. It is ideal for distributors or manufacturers that are already selling wholesale and are looking to expand further. B2B ecommerce allows different industries to make online transactions with each other.