Jamie goes online to buy a book on Amazon. This transaction is known as business-to-consumer, or B2C. How is B2C different than B2B?
A) B2C is cheaper than B2B
B) B2C is faster than B2B
C) B2C is the same as B2B
D) B2C involves the consumer, whereas B2B does not

Question

Quizplus · Accepted Answer

B2C (Business-to-Consumer) transactions involve businesses selling products or services directly to consumers, whereas B2B (Business-to-Business) transactions involve sales between two businesses. This fundamental difference highlights that B2C directly involves the consumer, while B2B does not.

Jamie Goes Online to Buy a Book on Amazon