Which of the following E-commerce business model refers to E-commerce activities involving transactions between and among the consumers ?(a) Government to Business (G28)
(b) Consumer to Consumer (C2C) (c) Business to Business (B2B)
(d) Business to Consumer (B2C)
Answers
Answer:
Among the given communication models, the best one which fits in the category for E-commerce is option D, i.e.
(d) Business to Consumer (B2C)
Explanation:
In this type of communication model, the process of selling of goods and services, the transactions of sale and purchase happens among the consumers themselves. There is no third person involved, directly between consumers. These consumers are the end users of these products. Thats why this is known as the B2C communication business model.
Consumer to Consumer (C2C) E-commerce business model refers to E-commerce activities involving transactions between and among the consumers.
Answer: Option(b)
Explanation:
E-Commerce is a type of business to buy or sell goods and products or services over the internet. E-commerce is also known as electronic commerce or internet commerce.
B2B - Facilitates doing product or service business from one company to another company.
B2C- Facilitates to sell the product or service from the retail company, directly to the customers.
C2C- Facilitates a person to sell his/her product or service to another customer through a common platform or even by themselves.
C2B- Facilitates to sell products or services from customers to business entities.