What Are the Four Main Types of Ebusiness Models

question 70

Multiple Choice

What are the four main types of ebusiness models?

• A) Business-to-borrower, business-to-consumer, consumer-to-business, and consumer-to-consumer.
• B) Business-to-business, business-to-consumer, consumer-to-business, and consumer-to-consumer.
• C) Business-to-business, business collaboration, collective business, and consumer-to-consumer.
• D) Ebusiness-to-ebusiness, business-to-business, econsumer-to-ebusiness, and econsumer-to-econsumer.

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Definitions:

Technology Used

Refers to the application of scientific and technical knowledge to production processes to improve efficiency, increase output, or create new products.

Quantity and Quality

Refers to the amount and the standard of a product or service, indicating its overall value or suitability.

Coincidence of Wants

A situation in a barter system where two parties each have something the other wants, facilitating an exchange without the need for money.

Total Output

The total quantity of goods and services produced by an economy, sector, or individual producer over a specified period.