COMPUTER APPLICATIONS
E COMMERCE AND E BUSINESS APPLICATIONS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The most commonly discussed type of commerce is ____ in which online business attempts to reach individual consumers.
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B2C
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C2C
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B2B
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B2G
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Explanation:
Detailed explanation-1: -B2C business-to-consumer ecommerce, also called retail ecommerce, is a business model that involves sales between online businesses and consumers. B2C ecommerce is one of four major ecommerce business models, the other three being B2B (business-to-business), C2B (consumer-to-business), and C2C (consumer-to-consumer).
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.
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