When a tire manufacturing company buys rubber in bulk from another company, it participates in the _____ form of transaction.
A) businesstobusiness (B2B)
B) businesstoconsumer (B2C)
C) consumertoconsumer (C2C)
D) businesstogovernment (B2G)

Question

When a tire manufacturing company buys rubber in bulk from another company, it participates in the _____ form of transaction.
A) business­to­business (B2B)
B) business­to­consumer (B2C)
C) consumer­to­consumer (C2C)
D) business­to­government (B2G)

Quizplus · Accepted Answer

B2B refers to transactions between two businesses. In this scenario, the tire manufacturing company is buying rubber in bulk from another company, which indicates a B2B transaction. The other options don't apply as there is no direct transaction with consumers or the government.

When a Tire Manufacturing Company Buys Rubber in Bulk from Another