E-commerce transactions between a company and its stakeholders, be their consumers or businesses are often referred to as:
a) B2B, B2G b) B2C, C2C c) P2P, B2P d) B2C, B2B
Answers
Answer:
d) B2C, B2B
Explanation:
E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business. The terms e-commerce and e-business are often used interchangeably. The term e-tail is also sometimes used in reference to the transactional processes for online shopping.
E-commerce transactions between a company and its stakeholders, be their consumers or businesses are often referred to as, d) B2C, B2B
E-commerce transactions
E-commerce transactions are online purchases or sales done through the use of computers, mobile phones, and other telecommunications devices and equipment. It also entails carrying out any transaction involving the transfer of ownership or the right to use goods or services across a computer-mediated network.
E commerce models -
B2B = Business to Business (Example - Alibaba, Oracle )
B2C = Business to consumer ( Example - Intel, dell )
C2C = consumer to consumer ( Example - OLX, Quikr, Ebay )
Advantages of E commerce
Advantages to business
- Increased potential market shares and global reach.
- It enables customization of products.
- Low cost advertising cost and entry barrier.
- It is easier to launch a new product online.
Advantages to consumer
- It enables 24/7 access.
- It saves time, money and effort.
- It provides a global market place
- Price and product comparisons are available online
To learn more about E- commerce here,
https://brainly.in/question/40709604?msp_poc_exp=4
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