Multiple choice

Which of the following is incorrect about B2B business E-commerce model?

  1. In B2B business E-commerce model, business and consumers are involved.

  2. B2B business E-commerce model includes purchasing and procurement, supplier management, inventory management, channel management, sales activities, payment management and service and support.

  3. In B2B business E-commerce model, pricing is based on quantity of orders and is often negotiable.

  4. In B2B business E-commerce model, participants are organisations.

  5. FreeMarkets, Dell, General Electric, etc. are some websites which use B2B business E-commerce model.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The companies included in the B2B E-commerce are manufacturers, wholesalers, rather than retailers only. Hence, the given statement is incorrect.

Keep practicing — related questions