Which of the following is NOT a classification of E-Commerce?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2. i.e. D2D (Distributor-to-Distributor).
In e-commerce, six categories are included under this classification:
- Businesses to Businesses (B2B) and its subtypes-
- Businesses to Government (B2G), Businesses to Consumers (B2C), Businesses to Businesses (C2B), Consumers to Consumers (C2C), and Governments to Businesses (G2B).
| Businesses to Businesses (B2B) | This group includes business-to-business exchanges including retailers and wholesalers, for example. It may involve supply chain management, e-procurement, e-transactions, and buy negotiations. |
| Businesses to Consumers (C2C) | Utilizing internet technologies, a firm offers customers products and services. Selling, delivering, and offering digital services like search engines and online periodicals are examples of this |
| Consumers to Consumers (C2C) | A place where individuals (rather than businesses) exchange goods, services, or information with other individuals. eBay is a well-known illustration of this e-commerce paradigm. |
| Governments to Businesses (G2B) | Refers to the exchange of products and services between businesses and governmental or quasi-governmental organizations, including the military, police, hospitals, and schools. |