____ exchanges follow a predetermined set of exchange rules that determine how buyers and sellers communicate with each other throughout the exchange, how they negotiate prices with each other, how they make and accept payments, and also determine product delivery guidelines.
A) B2B
B) C2B
C) C2C
D) B2E

Question

Quizplus · Accepted Answer

B2B exchanges, or business-to-business exchanges, have a set of predetermined exchange rules that govern how transactions between businesses take place. These rules cover communication between buyers and sellers, negotiation of prices, payment procedures, and delivery guidelines for products.

____ Exchanges Follow a Predetermined Set of Exchange Rules That