QQuestionBusiness Law
QuestionBusiness Law
Which of the statements about B^2B e-commerce is correct?
A. The transactions involve review by a team of people before making a purchase decision.
B. The end consumer is the decision-maker in the transactions.
C. B^2B websites offer fixed, consistent pricing for all purchases.
D. Shopping websites use B^2B e-commerce.
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Answer
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Step 2: Understand B^2B E-Commerce
B^2B (Business-to-Business) e-commerce refers to electronic transactions and interactions between businesses, not between businesses and individual consumers. This means the transactions occur between two commercial entities.
Final Answer
B^2B transactions typically involve team-based review and approval processes before finalizing purchases.
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