Which of the following best describes the main difference between B2B and B2C transactions? B2B transactions:
A) involve transactions where the buyers and sellers are both businesses, while B2C involves transactions between businesses and consumers.
B) focus on financial transactions while B2C e-commerce focuses on the sale of manufactured goods.
C) refer to business between nonprofit organizations while B2C e-commerce is carried out by business firms seeking to earn a profit.
D) involve sales in foreign markets while B2C e-commerce is restricted to domestic markets.

Question

Quizplus · Accepted Answer

The main difference between B2B and B2C transactions is the type of customer involved. B2B transactions involve businesses buying from other businesses, while B2C transactions involve businesses selling directly to consumers. Other options (B, C, and D) are incorrect as they either do not accurately describe the difference between B2B and B2C or are not relevant to the question.

Which of the Following Best Describes the Main Difference Between