Critical Thinking Questions Case 7-1

question 14

Multiple Choice

Critical Thinking Questions Case 7-1
You decide that you want to convert your part-time hobby - custom ceramics - into a small e-business that sells patterns and materials to individuals who share your interest in custom ceramics.
What e-business model should you follow?

• A) B2G
• B) B2B
• C) C2C
• D) B2C

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Definitions:

Credit Counseling

A service that assists individuals in managing their debt through financial education, budgeting, and the use of debt management plans.

Bankruptcy Petition

A legal document filed by an individual or corporate entity declaring the inability to repay outstanding debts.

Nonprofit

Organizations that operate for collective, public, or social benefit, without the goal of making profits for owners or investors.

Bankruptcy Estate

The assets and properties of an individual or entity undergoing bankruptcy, encompassing both tangible and intangible possessions.