Question

In: Operations Management

hi expert answer this please 1. Describe the five models of e-commerce. 2. Provide website links...

hi expert answer this please

1. Describe the five models of e-commerce.

2. Provide website links that demonstrate each model.

Solutions

Expert Solution

Answer 1. There are following five types of e-commerce business models that are discussed in the following:

  1. B2B: B2B stands for Business-to-Business E-commerce model. In this type of model, the transactions are done between several business entities for the supply, transfer, rent or own various goods and services between the companies. These might include raw materials for production, operational tools, extended services, etc.
  2. B2C: B2C stands for Business-to-Consumer E-commerce model. In this type of model, the goods and services are sold to the consumers end by several business entities. The goods and services sold in this type of model are supposed to be consumed by the immediate consumers.
  3. G2B: G2B model stands for Government-to-Business. In such type of models, major transactions are done between the government bodies and the business entities mostly about leasing the economic zones, license for trade, floating the tenders, etc. These type of business are sometimes compulsory for the companies before even starting their core operations.
  4. C2B: The C2B model stands for Consumers-to-Business model. In such type of model, the consumers are the main players of the business and provide the platform for the business such as crowdsourced projects, freelancing, royalty-free photography, etc.
  5. C2C: The C2C stands for Consumers-to-Consumers model. In such type of model, the consumers are buyers as well as sellers. These type of business models are common in the resale business of cars, mobiles, selling old household items, exchanging items, etc.

Answer 2. The examples of each of the above business models of e-commerce are given in the following:

  1. B2B: Tata Steel, KPMG, McKinsey & Company
  2. B2C: Amazon, Flipkart, Alibaba
  3. G2B: Department of Civil Aviation - India, National Green Tribunal
  4. C2B: Upwork, Freelancer
  5. C2C: Olx, Quikr, Cars24

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