Which of the Following Best Describes the Main Difference Between

question 19

Multiple Choice

Which of the following best describes the main difference between B2B and B2C transactions? B2B transactions:

• A) involve transactions where the buyers and sellers are both businesses, while B2C involves transactions between businesses and consumers.
• B) focus on financial transactions while B2C e-commerce focuses on the sale of manufactured goods.
• C) refer to business between nonprofit organizations while B2C e-commerce is carried out by business firms seeking to earn a profit.
• D) involve sales in foreign markets while B2C e-commerce is restricted to domestic markets.

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Definitions:

Core Values

Fundamental beliefs of a person or organization. These guiding principles dictate behavior and can help people understand the difference between right and wrong.

Cross-functional Teams

Groups composed of members from different departments or areas of expertise working together towards a common goal, enhancing collaboration and innovation.

Financial Realities

The actual financial situation or conditions a business faces, influencing decisions and strategies.

Mission

A statement of the organization’s function in society that often identifies its customers, markets, products, and technologies. Often used interchangeably with vision.