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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
Fill in the Blanks
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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]
