Maharashtra State BoardHSC Commerce 12th Board Exam
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Select the Proper Option from the Options Given Below and Rewrite the Completed Sentence: the Transactions Under ________ Are Between Business Firms and Consumers - Organisation of Commerce and Management

MCQ

Select the proper option from the options given below and rewrite the completed sentence:
The transactions under ________ are between business firms and consumers

Options

  • C to C

  • B to C

  • B to B

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Solution

The transactions under B to C are between business firms and consumers.
Explanation:
B to C, i.e., business to consumer, refers to commercial transactions between business firms and consumers. Other types of transactions include, C to C, i.e., consumer to consumer, which refers to commercial transactions that take place between consumers. B to B, i.e., business to business, refers to business transactions that take place between two business firms.

Concept: Payment Mechanism
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APPEARS IN

Micheal Vaz Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board
Chapter 3 Emerging Modes of Business
Select the proper option | Q 3 | Page 96
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