At the Most Basic Level, Profits Can Be Obtained Through

question 181

True/False

At the most basic level, profits can be obtained through relationships by acquiring new customers, enhancing the profitability of existing customers, and extending the duration of customer relationships.

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Definitions:

E-commerce

The buying and selling of goods and services over the internet, encompassing a wide range of online business activities.

B2C

Business-to-Consumer, a business model where companies sell products or services directly to individual consumers.

C2C

Consumer-to-Consumer, a business model that facilitates commerce between private individuals on the internet.

C2B

Consumer to Business, a type of economic relationship where individuals sell products or services to businesses.