Explain the acronyms B2B, B2C, B2G and C2C. Provide at least one example for each.

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Expert Solution

B2B : It refers to business to business.In which there is relationship between the two business in which one company sells their product and other buy it.

Ex - Supplier company made sub assembles and part and sell it to other company to assemble it and made it a complete final product.

B2C :It refers to the business relationship between a company and a customer. it's the most common relationship in which company made and product and sell it to customer.

Ex: Samsung make different range of products and sell it to customers via retail shop or through online platforms.

B2G:It refers to business relationship between a company and government or governmental agencies.

Ex: Many quotation by government agencies is released publicly to work for them for any specific kind of work or service.

C2C: It refers to business relationship between consumer to consumer. One consumer sell his her product to other consumer.

Ex: through OLX a consumer is allowed to sell their used product to other consumer who is willing to pay the required amount and thus interested in buying it

keosha answered 1 year ago

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