QUESTION 9
B2B
B2B
Business to
Business e-commerce involves electronic transactions between businesses. These
transactions have been around for many years in the form of electronic data
interchange and electronic funds transfer.B2B it allows companies to
purchase orders, invoices, inventory status, shipping logistics,
business contracts, and other operations which produces reports of increasing
transaction speed, reducing errors and eliminating manual tasks an example is Walmart
. (Bidgoli, 2016,p:176)
B2C
Business to
consumer is defined as all the companies that sell directly to the consumers.
Companies such as Amazon, and Onsale.com them directly to the
consumers. Amazon and its business partners sell a wide array of products and
services which includes DVDs, prescription drugs, clothing and household
products. (Bidgoli, 2016,p:176)
C2B
Consumer to
Business involves people selling products or services to businesses, such as
when a consumer creates an online survey for a company to utilise or when
a business uses crowd sourcing by asking consumers to perform services such as
contributing to a web site for free. (Bidgoli, 2016,p:176)
C2C
Consumer to
Consumer e-commerce involves business transactions between users, such as
consumers selling to other consumers via the internet. When people use online
classified ads (e.g., Craigslist’s) or online auction sites such as eBay that
is regarded as C2C e-commerce.(Bidgoli, 2016,p:176)
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