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A B2B exchange is a ______ Internet marketplace that matches supply and demand by real-time auction bidding. A. buyer-to-buyer B. buyer-to-business C. business-to-buyer D. business-to-business

Question

A B2B exchange is a ______ Internet marketplace that matches supply and demand by real-time auction bidding. A. buyer-to-buyer B. buyer-to-business C. business-to-buyer D. business-to-business

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Solution

The correct answer is D. business-to-business. A B2B (business-to-business) exchange is an Internet marketplace that matches supply and demand by real-time auction bidding. This type of platform is primarily used for transactions between businesses, not individual consumers.

Similar Questions

The business-to-business (B2B) market includes people who buy products to:ResponsesUse them in day-to-day operationsUse them in day-to-day operationsMake other productsMake other productsResell themResell themAll of the aboveAll of the above

What type of B2C e-business model offers a location for buyers and sellers to transact online with revenues coming from fees for sellers or buyers, or commission on sales?Group of answer choicesInfomediaryContent ProviderOnline RetailingExchangesOnline Community

Which of the following is an example of B2C e-commerce?A. bidding on an item at an estate saleB. providing professional services for another companyC. setting up autopayments for household billsD. purchasing items online with a store credit card

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When businesses sell to other businesses over the Internet, these transactions are known as:Select one:a. intermediate e-commerce transactions.b. B2C transactions.c. e-wholesale transactions.d. B2B transactions

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