COMPUTER FUNDAMENTALS

COMPUTER APPLICATIONS

E COMMERCE AND E BUSINESS APPLICATIONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Business model which facilitates private-sector trade is the meaning of consumer to consumer
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -C2C – customer to customer or consumer to consumer – is a business model that facilitates the transaction of products or services between customers. Here’s how it works. C2C is a business model where customers purchase goods from other customers via a third-party platform or business.

Detailed explanation-2: -Consumer to consumer business takes on several different forms, providing consumers with a variety of platforms to buy and sell items and exchange payments. Here are a few types of typical C2C businesses to consider: Online auctions. E-commerce sites. Money transfer platforms.

Detailed explanation-3: -Here are some example scenarios of C2B: A food blogger who shares an affiliate link to a kitchen company’s cooking products on their blog. A tech blogger who displays a company’s service ads to their audience in exchange for a cut of the ad revenue.

There is 1 question to complete.