Web Development and Design Foundations with HTML5 (9th Edition) (What's New in Computer Science)
Web Development and Design Foundations with HTML5 (9th Edition) (What's New in Computer Science)
9th Edition
ISBN: 9780134801148
Author: Terry Felke-Morris
Publisher: PEARSON
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Chapter 12, Problem 1MC
Program Description Answer

The B2C (Business-to-Consumer) e-commerce business model is an online exchange or transaction of information or services conducted directly between a company and consumers.

Hence, the correct answer is option “C”.

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Explanation of Solution

Business-to-Consumer Business Model:

  • B2C is the acronym for Business-to-Consumer business model.
  • The B2C e-commerce business model is an online exchange or transaction of information or services conducted directly between a company and consumers.
  • Most of the B2C selling takes place at the online stores.
  • An example of online B2C model is Amazon.com (http://www.amazon.com) and that of a traditional B2C business model is Sears (http://www.sears.com).

Explanation for incorrect options:

B2B:

B2B is the acronym of Business-to-Business business model. The B2B e-commerce business model is an online exchange or transaction of information or services conducted directly between two companies.

Hence, the option “A” is wrong.

BTC:

The B2C (Business-To-Consumer) e-commerce business model is an online exchange or transaction of information or services conducted directly between a company and consumers.

Hence, the option “B” is wrong.

C2B:

The C2B (Consumer-To-Business) is a business model where the consumer or end-user makes products or services that are consumed by the businesses.

Hence, the option “D” is wrong.

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Students have asked these similar questions
Q1) what are the features of E-commerce? Q2) difference between E-commerce and Traditional Commerce? Q3) what are the e-commerce advantages to the organization? Q4) what are the different e-commerce business models? Q5) Explain the technical disadvantages of e-commerce? Q6) Tell us which different sector e-commerce applications are available in the market? Q7) what are the shortcomings of e-commerce? Q8) what are the key elements of supply chain management? Q9) How Does Dutch, first price, second price, Mth price auction, Auction Work?
Business-to-consumer (B2C) model applies to businesses that sell products or services directly to consumers online. Following are the forms of B2C operations, except: Group of answer choices: a. click-and-mortar business b. pure-play (virtual) business c. pure-click business d. brick-and-mortar business
Describe e-commerce business models
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