Q.A manufacturer buying components from another company through an online industrial platform is an example of:
E-commerce transactions are classified according to which two parties are on either side of the transaction, not according to the product being exchanged or which party benefits more.
Option (a), Business-to-Consumer (B2C), is incorrect because that classification applies when a business sells directly to an individual end consumer — here, both parties (the manufacturer and its supplier) are businesses, not a business selling to a private consumer. Option (c), Consumer-to-Consumer (C2C), is incorrect because it describes individuals transacting with each other through a marketplace, which is not the case in a manufacturer-supplier transaction. Option (d), Government-to-Consumer (G2C), is incorrect because no government body is involved in the transaction described.
Since a manufacturer is buying components from another company — both being businesses — through an online industrial platform, this is a transaction between two businesses, which is exactly what Business-to-Business (B2B) e-commerce means: for example, a manufacturer sourcing raw materials or components from a supplier through an online platform.
(b) Business-to-Business (B2B) e-commerce
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