Business-To-Consumer (B2C) E-Commerce in the United States

question 64

Multiple Choice

Business-to-consumer (B2C) e-commerce in the United States:

• A) has grown at double-digit rates between 2010 and 2014.
• B) has less revenue than C2C e-commerce.
• C) now constitutes over 40% of the overall U.S. retail market.
• D) is growing more slowly as it confronts its own fundamental limitations.

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Definitions:

Supply Managers

Individuals tasked with managing and strategizing the sourcing, acquisition, and movement of materials, goods, or services for a company, ensuring efficiency and quality in the supply chain.

Standardization

The process of implementing and developing technical standards to ensure consistency, safety, and interoperability of products or services.

Corporate Travel

Travel undertaken by employees or executives for business purposes, including meetings, conferences, and networking.

Semiprocessed Material

Materials that have undergone some initial processing but are not yet finished goods.