The model followed by the e-commerce sites which facilitate online shopping of…
2016
The model followed by the e-commerce sites which facilitate online shopping of products and services is:
- A.
B2C
- B.
B2B
- C.
B2G
- D.
C2B
Attempted by 50 students.
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Correct answer: A
E-commerce (electronic commerce) models are classified based on the parties involved in the transaction. When an online platform facilitates the sale of products and services directly from a business/retailer to individual end consumers, it follows the B2C (Business-to-Consumer) model.
Popular examples of B2C e-commerce websites include Amazon, Flipkart, Myntra, and Netflix, where businesses list their products or services, and general public customers purchase them directly online.