John and Jenny Have Been Saving for Two Years to Take

question 45

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 the 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

Knowledge of Bitcoin, including its differences from traditional currency and factors contributing to its volatility.

Comprehend the distinctions between B2B and B2C e-commerce and their technology complexity.

Identify the fundamental processes and activities in acquiring goods and services.

Understand the concept of auction types based on the number of buyers and sellers.

---

Definitions:

Life Expectancy

The average period that an individual is expected to live, based on demographic factors such as current age and health conditions.

Roth Retirement Plan

A type of retirement account that allows qualified withdrawals on a tax-free basis, provided certain conditions are met.

Withdrawals

The act of taking money out of an account.

Tax Free

Refers to financial income or accounts that are not subject to taxation by the government, often used to encourage specific investments or savings.