The classification of E-commerce domain that involves business activity initiated by the consumer and is targeted to businesses is known as ___________.
A
business to consumer (B2C)
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B
consumer to business (C2B)
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C
consumer to consumer (C2C)
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D
business to business (B2B)
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Solution
The correct option is A consumer to business (C2B) Customer to business is a business model where consumers make a product or service that an organisation uses for its business. Here, business organisation is a buyer and consumers are the sellers of goods and services.