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Explain the following term/concept. C2C - Organisation of Commerce and Management

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Definition

Explain the following term/concept.

C2C

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Solution

Consumer to consumer (C2C) involves the electronically facilitated transactions between consumers through some third party. Common consumers post an item for sale and other consumers bid to purchase it. The sites are only intermediaries, just to match the consumers.

Concept: Scope of E-business
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