CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
4
You visited us 4 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following is a type of E-commerce?

A
B2B (Business to Business)
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
B2C (Business to Consumer)
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
C2C (Customer to Customer)
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
All of the above
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D All of the above

E-commerce:-

E-commerce is the process of buying or selling goods, products or services over the electronic medium. The Internet is used as the primary electronic medium or network to do this type of transaction.

Type of E-commerce:-

1) B2B (Business to Business):-

Business-to-Business (B2B) e-commerce encompasses all electronic transactions of goods or services conducted between companies. Producers and traditional commerce wholesalers typically operate with this type of electronic commerce.

2) B2C (Business to Consumer):-

The Business-to-Consumer type of e-commerce is distinguished by the establishment of electronic business relationships between businesses and final consumers. It corresponds to the retail section of e-commerce, where traditional retail trade normally operates.

3) C2C (Customer to Customer):-

Consumer-to-Consumer (C2C) type e-commerce encompasses all electronic transactions of goods or services conducted between consumers. Generally, these transactions are conducted through a third party, which provides the online platform where the transactions are actually carried out.



911028_917157_ans_57242a02577f4147af06ef9f53eb7a75.PNG

flag
Suggest Corrections
thumbs-up
0
similar_icon
Similar questions
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction to e-Business
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon