(0.13 B2B E-Commerce is that business active in which two firms make electronic transactions,
(True/False)
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B2B E-commerce or business to business e-commerce basically involves electronic business transaction between two firms or companies when any intermediate or capital goods are exchanged or bought and sold.Hence,the statement given in the question is True.
Explanation:
Business to Business electronic transactions generally refer to the electronic or online based business activities that occur between two intermediary firms or business organizations.Usually it involves sale of various intermediate goods and factors/inputs of production through the online portal. As business or firms purchase in considerably large quantities at various price rates, goods and services sold through B2B e-commerce are usually quiet high or large in volume and in wholesale quantity.The product/service prices in B2B e-commerce relative fluctuates or varies much more than the traditional Business to Consumers(B2C) e-commerce sales and transactions.
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