John and Jenny Have Been Saving for Two Years to Take

question 242

Multiple Choice

John and Jenny have been saving for two years to take their six children on a vacation to Disneyworld. They are surprised to find out that airline tickets are far more expensive than they had anticipated. They decide to try to find cheaper tickets on Priceline where they are allowed to set their own price they are willing to pay for the airline tickets. What form of ebusiness model are John and Jenny using?

• A)CBC
• B)B2B
• C)C2B
• D)C2C

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Definitions:

Managing A Corporation

The process of overseeing the operations and making strategic decisions for a corporation, typically involving tasks such as planning, organizing, directing, and controlling resources.

Board Of Directors

A group of elected individuals who oversee the activities and governance of a corporation or organization.

Corporate Officers

Individuals appointed to manage the day-to-day operations and major decisions of a corporation, such as CEOs, CFOs, and COOs.

Agents

Individuals or entities authorized to act on behalf of others in legal or business transactions, representing their interests.