The E-commerce domain that involves business activity initiated by the consumer and targeted to businesses is known as ________.
A. Business to Business (B2B)
B. Consumer to Consumer (C2C)
C. Consumer to Business (C2B)
D. Business to Consumer (B2C)
Answer: Option C
Solution(By Examveda Team)The E-commerce domain that involves business activity initiated by the consumer and targeted to businesses is known as Consumer to Business (C2B). Consumer-to-business (C2B) is a business model in which consumers (individuals) create value and businesses consume that value.
A. Technology has caused buyer power to increase
B. Technology has lessened the entry barriers for many industries
C. Technology has increased the threat of substitute products and services
D. all of the above
D. all the above
A. Disadvantage to the supplier
B. Advantage to the buyer
C. Advantage to the supplier
D. None of the above