COMPUTER APPLICATIONS
E COMMERCE AND E BUSINESS APPLICATIONS
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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 typically refers to online retailers who sell products and services to consumers through the internet. Online B2C became a threat to traditional retailers, who profited from adding a markup to the price. However, companies like Amazon, eBay, and Priceline have thrived, ultimately becoming industry disruptors.
Detailed explanation-2: -eBay is a prominent example of a C2C intermediary. It includes fixed-price and auction items and appeals to customers seeking good deals and hard-to-find products. Amazon. Amazon is both a B2C and C2C platform.
Detailed explanation-3: -The definition of business-to-consumer sales refers to a sales model in which business target individual consumers. Examples of B2C sales reps would be sales reps selling cars, gym memberships, or stereo systems. While some B2C goods are at a high price point (real estate, cars, boats, etc.)