What Is a Business-To-Business Marketplace

question 147

Multiple Choice

What is a business-to-business marketplace?

• A) An Internet-based service that brings together many buyers
• B) A personal business that brings together many sellers
• C) An Internet-based service that brings together many buyers and sellers
• D) A personal business that brings together many buyers and sellers

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Definitions:

Core Nations

Countries that dominate global trade and economics, often through technological advancement and wealth.

Peripheral Countries

Nations that are less developed than the semi-peripheral and core countries, often characterized by low levels of industrialization, and significant economic dependence on core countries.

World Systems Theory

A framework for understanding the historical and contemporary social structures of global inequality, delineating countries as core, periphery, or semi-periphery.

Modernization Theory

A theory in sociology that suggests that societies progress from traditional to modern states through processes like industrialization and democratization, improving living standards and social norms.