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Question
Explain the following term/concept.
B2B
Solution
In this form, the buyer and seller are both business entities and do not involve individual consumers. Here, both the parties involved in e-commerce transactions are business firms, and hence they are called B2B i.e. business to business. Transactions between business firms come under this category. Business firms interact with each other for a variety of services. These include supplying ancillary parts/components to manufacturers providing value-added services Like catering and also providing manpower.
RELATED QUESTIONS
The transactions under ____________ are between consumers and consumers.
E-commerce is ________ of e-business.
Explain the following term/concept.
C2C
Explain the following term/concept.
B2C
Study the following case/situation and express your opinion.
Abhay purchases some gift articles online from www.flipkart.com. At the same time, Sheetal purchased a gift from e-bay.com.
i. Which website is related to C2C?
ii. Which website is related to B2C?
iii. What first step does Abhay need to follow?
Study the following case/situation and express your opinion.
Mr. Ved made his payment by cheque at the same time Mr. Shlok made his payment by fund transfer. |
- Whose payment is faster?
- Whose payment is related to traditional business?
- Whose payment is related to e-business?
C2B stands for transactions between consumer and business.
Find the odd one.
Answer in brief.
Explain scope of e-business.
Ajay purchases some electronic appliances online from www.omozon.com. At the same time Sanjay purchased old bike from olx.com.:
(a) Which website is related to C2C?
(b) Which website is related to B2C?
(c) What first step does Ajay need to follow?
Find the odd one:
Mr. Atharva made his payment by cheque at the same time Mr. Samarth made his payment by fund transfer:
- Whose payment is faster?
- Whose payment is related to traditional business?
- Whose payment is related to e-business?