Select the basic electronic commerce models.B2BC2BB2CE2B
Question
Select the basic electronic commerce models.B2BC2BB2CE2B
Solution
The basic electronic commerce models are:
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B2B (Business to Business): This model involves transactions between two businesses. For example, a manufacturer selling to a wholesaler, or a wholesaler selling to a retailer.
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C2B (Consumer to Business): In this model, consumers sell their products or services to businesses. An example could be a freelancer offering their skills to different companies.
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B2C (Business to Consumer): This is the most common e-commerce model where businesses sell to consumers. For example, any online retailer like Amazon or eBay.
E2B (Everything to Business) is not a recognized e-commerce model.
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