MANAGEMENT

Detailed explanation-1: -What is B2B (business-to-business)? 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).

Detailed explanation-2: -Business-to-business, or B2B, refers to commerce between two businesses rather than between a business and an individual consumer. Transactions at the wholesale level are usually business-to-business, while those at the retail level are most often business-to-consumer (B2C).

Detailed explanation-3: -Manufacturing materials, clothing, car parts and semiconductors are B2B examples. These materials are a part of the transactions between two businesses.

Detailed explanation-4: -B2B and B2C are two acronyms that get thrown around regularly. 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.