UGC NET CSE | June 2011 | Part 2 | Question: 50

Question

Which is the most valuable electronic commerce to the individual customer in long run ?

• A. Business to Customer
• B. Business to Business
• C. Customer to Customer
• D. None of the above

Answer 1

Ans is a) Business to Consumer

Because consumer has wider range of products/services options at competitive prices. This eliminates the charges of intermediary in between the Business and Consumer.

Answer 2

B) Business to Business .…

 

In a B2B business model, a business sells its product or service to another business. Sometimes the buyer is the end user, but often the buyer resells to the consumer.

B2B transactions generally have a longer sales cycle, but higher order value and more recurring purchases…

Recent B2B innovators have made a place for themselves by replacing catalogs and order sheets with ecommerce storefronts and improved targeting in niche markets….

As younger generations enter the age of making business transactions, B2B selling in the online space is becoming more important.…