Which of the Following Is a Difference Between Business-To-Consumer (B2C)

question 120

Multiple Choice

Which of the following is a difference between business-to-consumer (B2C) e-commerce and business-to-business (B2B) e-commerce?

• A) In B2C e-commerce, the number of customers in the target market is very large, whereas in B2B e-commerce, the number of customers in the target market is often limited to a few major business customers.
• B) In B2C e-commerce, the size of a typical individual transaction is very large, whereas in B2B e-commerce, the size of a typical individual transaction is relatively small.
• C) In B2C e-commerce, customers usually do careful multiple research before making a purchase, whereas in B2B e-commerce, purchases are mostly based on impulse.
• D) In B2C e-commerce, buyers and sellers often develop close and long-lasting relationships, whereas in B2B e-commerce, firms seldom develop a close working relationship with individual customers.

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Definitions:

Personal Strategy

An individual's plan designed to achieve personal goals, career objectives, or life aspirations.

Interview Process

The series of steps and interactions involved in evaluating a candidate for a position, including preparation, the interview itself, and follow-up.

Entry-Level Position

A job suitable for a person who is new to a field or profession, typically requiring little to no prior experience.

General Potential

The overall capacity or ability that a person or organization has to achieve something, not limited to a specific area.