An e-business that allows individual consumers to submit bids for products or services to multiple competing businesses is following the:
A) B2C e-business model
B) C2B e-business model
C) C2C e-business model
D) B2G e-business model

Question

Quizplus · Accepted Answer

The C2B (Consumer-to-Business) e-business model is where individual consumers make their products or services available for businesses to bid on. This is the opposite of the traditional B2C (Business-to-Consumer) model and allows consumers to set their own prices for goods or services.

An E-Business That Allows Individual Consumers to Submit Bids for Products