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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Sell side
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Buyer side
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Consumer side
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Product or Service Type
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Detailed explanation-1: -Buy-Side – is the side of the financial market that buys and invests large portions of securities for the purpose of money or fund management. Sell-Side – is the other side of the financial market, which deals with the creation, promotion, and selling of traded securities to the public.
Detailed explanation-2: -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-3: -What is the ebusiness model that applies to customers offering goods and services to each other over the Internet? C2C. What is a business that operates in a physical store without an Internet presence? Pure-play business.
Detailed explanation-4: -B2B e-commerce model A B2B model operates by providing products from one business to another, through either online auctions or e-marketplaces. Online auctions are computerised versions of traditional auctions where buyers set the prices and bid against each other.