Identify the correct statement about B2B.
A)For most of us,the B2B market is visible.
B)An example of a B2B transaction would be an individual buying a cell phone.
C)It involves electronically-facilitated transactions between consumers through a third party.
D)B2B e-commerce is larger than B2C e-commerce.

Question

Quizplus · Accepted Answer

B2B e-commerce is typically larger than B2C e-commerce because businesses tend to make larger purchases and more frequent ones than individual consumers. Option A is incorrect because the B2B market often occurs behind-the-scenes in the supply chain, making it less visible to the average person. Option B is incorrect because it describes a B2C transaction. Option C is incorrect because it describes electronic commerce between consumers, not between businesses.

Identify the Correct Statement About B2B