Question

In: Economics

Please list the type of e‐business models and explain. Thank you

Please list the type of e‐business models and explain. Thank you

Solutions

Expert Solution

Meaning of e-business module

  • It is the point of view in which a firm gives rise to be a money-making business by the means of internet.

Type of e-business module

  1. C2C
  2. C2B
  3. B2B
  4. B2C

Explanation -

  1. C2C stands for the consumer to consumer - In this module, consumers can trade with each other by the means of the internet in an online platform.
  2. C2B stands for the consumer to business - in which the consume decide the amount and the existing firm consume that decided amount.
  3. B2B stands for business to business - In this case, the agreement did between the firms and they might indulge the one who is a wholesaler or the producers.
  4. B2C - stands for business to consumer - this module refers to a system where the business sells the product directly sell out the goods to the consumer.

Hence this type of business can be operated from the house by the means of the network which is owned by the company itself.


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