BusinessUSA

question 87

Multiple Choice

BusinessUSA.com allows small-scale producers to post information about their products on the site and prospective buyers compare the prices and features of the competing products before purchasing them. Which of the following types of e-marketplaces does BusinessUSA.com represent?s before purchasing them. Which of the following types of e-marketplaces does BusinessUSA.com represent?

• A) business to consumer (B2C)
• B) business to business (B2B)
• C) consumer to consumer (C2C)
• D) consumer to business (C2B)

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Definitions:

Raw Materials

Basic materials that are used in the manufacturing process to produce goods or finished products.

Breakeven Point

The point at which total costs and total revenue are equal, resulting in no net loss or gain for the business.

Total Cost

The complete cost of production or operation, including both fixed and variable costs.

Total Revenue

The total amount of income generated by the sale of goods or services related to a company's primary operations.