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Sending quotations of supplying raw material by one businessman to another is called ______. - Business Studies

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Question

Sending quotations of supplying raw material by one businessman to another is called ______.

Options

  • B2B

  • B2C

  • C2C

  • lntra-B

MCQ
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Solution

Sending quotations of supplying raw material by one businessman to another is called B2B.

Explanation:

B2B (business-to-business) refers to transactions or communications between two businesses. In this case, sending quotations for supplying raw material from one businessman to another is a classic example of B2B commerce, where businesses engage in transactions or exchange information with other businesses.

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Chapter 20: E-Business - EXERCISES [Page 285]

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Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 20 E-Business
EXERCISES | Q I. A. 9. | Page 285
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