Identify a difference between business-to-business (B2B) transactions and business-to-consumer (B2C) transactions.
A) B2B transactions often involve much larger sums of money than B2C transactions.
B) B2B transactions often require lesser negotiation than B2C transactions.
C) B2B transactions result in short-term supply chain relationships, whereas B2C transactions result in long-term supply chain relationships.
D) B2B transactions require little collaboration between buyers and sellers, whereas B2C transactions require close collaboration between buyers and sellers.

Question

Quizplus · Accepted Answer

B2B transactions typically involve larger sums of money due to the scale and volume of goods or services exchanged between businesses, compared to individual consumer purchases in B2C transactions.

Identify a Difference Between Business-To-Business (B2B) Transactions and Business-To-Consumer (B2C)