COMPUTER APPLICATIONS
E COMMERCE AND E BUSINESS APPLICATIONS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -B2C, short for “business-to-consumer”, is a commerce model between a business and an individual consumer. While B2C applies to any type of direct-to-consumer selling, it has come to be associated with running an online store, also known as ecommerce or etailing.
Detailed explanation-2: -The term business-to-consumer (B2C) refers to the process of selling products and services directly between a business and consumers who are the end-users of its products or services. Most companies that sell directly to consumers can be referred to as B2C companies.
Detailed explanation-3: -Business-to-consumer (B2C) is the retail part of e-commerce on the internet. It is when businesses sell products, services or information directly to consumers. The term was popular during the dot-com boom of the late 1990s, when online retailers and sellers of goods were a novelty.
Detailed explanation-4: -Business to business to consumer (B2B2C) is an e-commerce model that combines business to business (B2B) and business to consumer (B2C) for a complete product or service transaction. B2B2C is a collaboration process that, in theory, creates mutually beneficial service and product delivery channels.