TECHNOLOGYS ETHICAL LEGAL PRIVACY ISSUES
IMPACT OF TECHNOLOGY ON PRIVACY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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B2C
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B2B
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C2B
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C2C
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Detailed explanation-1: -The video explains: following Types of E-Commerce Models: (i) Business to Consumer(B2C), (ii) Business to Business(B2B), (iii) Consumer to Business(C2B), (iv) Consumer to Consumer(C2C), and Peer to Peer with examples.
Detailed explanation-2: -B2C, or business to consumers, is the sale of goods directly to consumers. It is more sophisticated, needs more training, and the right kind of marketing strategies in action. C2C, or consumer to consumer, is the direct sale of goods and services between consumers without the involvement of a middleman.
Detailed explanation-3: -Amazon is both a B2C and C2C platform. Its Amazon Marketplace focuses on third-party sellers offering new and used items. Selling on Amazon requires creating a seller account, listing products, and shipping directly to the consumer or Amazon.
Detailed explanation-4: -C2C websites provide private individuals with an opportunity to sell or purchase goods directly. Example-Ebay, OLX. C2B-A consumer to business model here a consumer sells goods to a company (mostly used goods). This type of sites is the least widespread among the types of sites for business under consideration.