Web Development and Design Foundations with HTML5 (8th Edition)
Web Development and Design Foundations with HTML5 (8th Edition)
8th Edition
ISBN: 9780134322759
Author: Terry Felke-Morris
Publisher: PEARSON
bartleby

Concept explainers

Expert Solution & Answer
Book Icon
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”.

Expert Solution & Answer
Check Mark

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.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
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
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?
What are the primary differences between a B2B (business-to-business) and a B2C (business-to-consumer) business model, and how do these differences affect operations and marketing?
Knowledge Booster
Background pattern image
Computer Science
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Text book image
MIS
Computer Science
ISBN:9781337681919
Author:BIDGOLI
Publisher:Cengage
Text book image
Fundamentals of Information Systems
Computer Science
ISBN:9781305082168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning