Which of the following statements is true of businesstobusiness (B2B) e commerce?
A) It involves much less investment than businesstoconsumer (B2C) ecommerce.
B) It involves businesses selling supplies, components, machinery, equipment, or services to individual final consumers.
C) It involves businesses selling supplies, components, machinery, equipment, or services to other businesses.
D) It involves much less negotiation than businesstoconsumer (B2C) ecommerce.

Question

Which of the following statements is true of business­to­business (B2B) e­ commerce?
A) It involves much less investment than business­to­consumer (B2C) e­commerce.
B) It involves businesses selling supplies, components, machinery, equipment, or services to individual final consumers.
C) It involves businesses selling supplies, components, machinery, equipment, or services to other businesses.
D) It involves much less negotiation than business­to­consumer (B2C) e­commerce.

Quizplus · Accepted Answer

B2B e-commerce involves businesses selling supplies, components, machinery, equipment, or services to other businesses. It often involves larger sales volumes and longer-term business relationships than B2C e-commerce, and generally requires more investment in technology and infrastructure. Option A and D are incorrect as there is no evidence to support the claims made. Option B is incorrect as it describes B2C e-commerce, not B2B.

Which of the Following Statements Is True of Business­to­business (B2B)

Which of the Following Statements Is True of Businesstobusiness (B2B)