FUNDAMENTALS OF COMPUTER

WEB BROWSERS TECHNOLOGY

THE INTERNET

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Describe commerce Transactions between business
A
Business-to-Business
B
Business-to-Consumer
C
Consumer-to-Consumer
D
Consumer-to-Business
Explanation: 

Detailed explanation-1: -B2B (business-to-business), a type of electronic commerce (e-commerce), is the exchange of products, services or information between businesses, rather than between businesses and consumers (B2C). A B2B transaction is conducted between two companies, such as wholesalers and online retailers.

Detailed explanation-2: -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-3: -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-4: -B2B sales consist of selling products or services to another business. An example of this is when a business purchase software from another business.

Detailed explanation-5: -B2B commerce (short for business-to-business electronic commerce) is the online sale of goods or services between businesses. B2B commerce differs from B2C commerce, which is business-to-consumer electronic commerce where a business sells goods or services directly to a consumer.

There is 1 question to complete.