Which of the Following Models of E-Commerce Should Focus on Retaining

question 71

Multiple Choice

Which of the following models of e-commerce should focus on retaining the customers to capture additional future sales?

• A)Business-to-consumer (B2C)
• B)Business-to-business (B2B)
• C)Consumer-to-consumer (C2C)
• D)Government-to-consumer (G2C)

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Definitions:

Euros

The official currency of 19 out of the 27 European Union countries, which together comprise the Eurozone.

British Pounds

The currency of the United Kingdom, symbolized by £ and known as sterling, used throughout the UK and its territories.

Less Developed Country

A country with a lower level of industrialization, usually accompanied by lower living standards and lower HDI (Human Development Index) scores.

Expropriation

The act of a government taking privately owned property, either with compensation or without compensation, for public use.