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

Question

Quizplus · Accepted Answer

B2B e-commerce involves businesses selling supplies, components, machinery, equipment, or services to other businesses. It typically involves more negotiation and investment than B2C e-commerce, as the transactions are larger and more complex. Option A and C are incorrect as they are not true statements about B2B e-commerce. Option B is incorrect as it describes B2C e-commerce, not B2B.

Which of the Following Statements Is True of Business-To-Business (B2B)e-Commerce