GK
BUSINESS ECONOMICS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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This type of business sells products directly to consumers.
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Manufacturing
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Wholesale
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Retail
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Service
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Explanation:
Detailed explanation-1: -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-2: -Direct-to-consumer retail refers to a retail model in which brand manufacturers sell their products straight to the customer-whether that’s an individual consumer or another retailer-thereby eliminating the need for retail distributors.
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