Question 16 of 37
Q.Ajay purchases some electronic appliances online from www.omozon.com. At the same time Sanjay purchased old bike from olx.com.:
(a) Which website is related to C2C?
(b) Which website is related to B2C?
(c) What first step does Ajay need to follow?
Maharashtra MsbshseMaharashtra HSC (MSBSHSE) Board 2022Subjective· 3mImportance★★★★★
43% · 16/37 Questions
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Start your 14-day free trial to unlock the full solution →Amazon selling to a consumer is B2C; OLX letting one consumer sell to another is C2C. Ajay's first step to buy online is to register/create an account on the site.
E-business is classified by who the two parties in the transaction are:
- B2C (Business-to-Consumer): a business sells directly to the final consumer. When Ajay buys electronic appliances from www.amozon.com, a company (Amazon) is selling to a consumer — hence this is a B2C transaction.
- C2C (Consumer-to-Consumer): one consumer sells to another consumer, usually through a website that acts as a platform. When Sanjay buys an old bike from olx.com, one individual is selling a used product to another — hence this is a C2C transaction. …
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