What Is the Difference Between a B2C and a C2B

question 82

Multiple Choice

What is the difference between a B2C and a C2B?

• A) B2C focuses on companies as customers and C2B focuses on consumers as customers.
• B) B2C focuses on collaboration and C2B focuses on consumers.
• C) B2C focuses on business to consumers and C2B focuses on consumers to business.
• D) B2C focuses on consumers as customers and C2B focuses on companies as customers.

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Definitions:

Mean

The average of a set of numbers, obtained by dividing the sum of the numbers in the set by their quantity.

Cumulative Binomial Probabilities

Cumulative binomial probabilities represent the probability of obtaining a certain number of successes or fewer in a fixed number of independent Bernoulli trials.

Approximate Binomial Distribution

Using a normal distribution to estimate the outcomes of a binomial distribution when the sample size is large and the probability of success is neither very small nor very large.

SAT Score

A standardized test score used for college admissions in the United States, reflecting a student's aptitude in areas such as math and evidence-based reading and writing.