Which of the Following Statements Is NOT True Regarding Business-To-Business

question 46

Multiple Choice

Which of the following statements is NOT true regarding Business-to-Business transactions (B2B) ?

• A)B2B is not as important as business-to-consumer (B2C) e-commerce businesses.
• B)B2B allows instant information sharing between business customers and suppliers.
• C)B2B allows suppliers to know what their customers want and allows businesses to know price, availability and product characteristics immediately.
• D)B2B transactions make up more than 70 % of all current e-commerce business.

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Definitions:

NASA

The United States government agency responsible for the nation's civilian space program and for aeronautics and aerospace research.

Shuttle Service

A shuttle service is a public or private transport service that offers frequent trips between two fixed points, often used in airport or hotel transfers.

Fly By Night

A term describing businesses or individuals that appear transient, unreliable, or not committed to long-term obligations.

Output Levels

The quantity of goods or services produced by a company or an economic system within a specific period.