Emerging Modes of Business · Class 11 · CBSE · Commerce Business Studies
Which of the following best defines B2B Commerce?
Practice question from Emerging Modes of Business (Class 11 · CBSE · Commerce Business Studies), with the correct answer and a step-by-step solution.
easy · MCQ · Q-D9ABAF
Which of the following best defines B2B Commerce?
- A.Transactions between a business and ultimate consumers.
- B.Transactions originating from the ultimate consumer and targeting businesses.
- C.Transactions where both parties involved are business firms.Correct answer
- D.Transactions between two departments within the same government office.
Solution
B2B (Business-to-Business) commerce refers to business activities and transactions where both the parties involved are business firms, such as a manufacturer selling components to an assembly unit.
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