Question

Which of the following E-commerce business model refers to activities between different business partners?

• A. Government to Business (G2B)
• B. Consumer to Business (C2B)
• C. Business to Business (B2B)
• D. Business to Consumer (B2C)

Hint:

{B2B E-commerce} is widely used in supply chains where manufacturers, wholesalers, and retailers conduct transactions electronically.

Answer 1

The Correct Option is C

Step 1: Understanding E-Commerce Business Models.
E-commerce involves different types of transactions depending on the participants involved in the transaction. These participants may include businesses, consumers, or government organizations. The structure of these interactions is known as an E-Commerce business model.
Step 2: Meaning of Business to Business (B2B).
Business to Business (B2B) refers to commercial transactions that occur between two or more businesses. In this model, companies buy products, raw materials, or services from other companies through electronic platforms.
Examples of B2B transactions include manufacturers purchasing raw materials from suppliers or retailers buying products from wholesalers through online platforms.
Step 3: Evaluating the options.
(A) Government to Business (G2B): Incorrect. This refers to transactions between government agencies and businesses.
(B) Consumer to Business (C2B): Incorrect. In this model, individuals offer products or services to businesses.
(C) Business to Business (B2B): Correct. This model refers to transactions between different businesses or business partners.
(D) Business to Consumer (B2C): Incorrect. This model refers to businesses selling products directly to customers.
Step 4: Conclusion.
Thus, when activities occur between different business partners through online platforms, the correct model is Business to Business (B2B).
Final Answer: Business to Business (B2B).