BUISENESS MANAGEMENT
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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geographic location of customer
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number of employees
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age of customer
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education level of customer
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Detailed explanation-1: -B2B stands for business-to-business, referring to a type of transaction that takes place between one business and another. B2C stands for business-to-consumer, as in a transaction that takes place between a business and an individual as the end customer.
Detailed explanation-2: -The two business combine forces and promote mutually beneficial products, services and/or solutions. As an example of a B2B2C model, Business A pays Business B for users, leads or sales generated by Business B’s business or website. Business A then uses Business B’s channels to locate prospective customers.
Detailed explanation-3: -Which of the following is an example of B2B selling? A sales representative for a printing company meets with a purchasing agent at a publishing company.
Detailed explanation-4: -What is the major difference between B2B and B2C e-commerce? The B2B marketplace does not involve consumers, just business partners; the B2C marketplace involves consumers.