MICROPROCESSOR AND MICROCONTROLLER

ICT

ARCHITECTURE OF 8085

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What e-business model do online auctions belong to?
A
B2B
B
B2C
C
C2C
D
G2G
E
B2S
Explanation: 

Detailed explanation-1: -Customer to customer (C2C) is a business model whereby customers can trade with each other, typically in an online environment. Two implementations of C2C markets are auctions and classified advertisements.

Detailed explanation-2: -What is C2C? C2C is consumer-to-consumer or customer-to-customer transactions. In a C2C model, buyers and sellers transact directly instead of through an intermediary. Online C2C firm sites include Quikr, OLX, and eBay, which sell products or services through a classified or auction system.

Detailed explanation-3: -Auction sites are a good example of C2C model.

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.

There is 1 question to complete.