Identify the type of e-business transactions listed below:
(a) Kamal withdraws money from ATM.
(b) Mohini sold her old watch on e-bay
(c) Tata Motors bought tyres from MRF.
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Answer:
There are six basic types of e-commerce
Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C), Consumer-to-Business (C2B), Business-to-Administration (B2A) and Consumer-to-Administration (C2A) — and all of them represent a different purchasing dynamic.
Explanation:
(a) Kamal withdraws money from ATM. - BUSINESS-TO-CONSUMER (B2C)
(b) Mohini sold her old watch on e-bay - CONSUMER-TO-CONSUMER (C2C)
(c) Tata Motors bought tyres from MRF. BUSINESS-TO-BUSINESS (B2B)
Answered by
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(a) Kamal withdraws money from ATM. - BUSINESS-TO-CONSUMER (B2C)
(b) Mohini sold her old watch on e-bay - CONSUMER-TO-CONSUMER (C2C)
(c) Tata Motors bought tyres from MRF. BUSINESS-TO-BUSINESS (B2B)
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