Business Transactions Models Flashcards
What does B2C stand for?
Business to Consumer
What is the definition of B2C?
A model where businesses sell products or services directly to individual consumers.
What does B2B stand for?
Business to Business
What is the definition of B2B?
A model where businesses sell products or services to other businesses.
What does C2C stand for?
Consumer to Consumer
What is the definition of C2C?
A model where individuals sell products or services directly to other individuals, usually through a third-party platform.
What does C2B stand for?
Consumer to Business
What is the definition of C2B?
A model where individuals offer products or services to businesses, like freelancers or influencers working with companies.
What does B2G stand for?
Business to Government
What is the definition of B2G?
A model where businesses provide goods or services to government agencies.
What does G2B stand for?
Government to Business
What is the definition of G2B?
A model where the government offers services or resources to businesses, such as permits or grants.
What does G2C stand for?
Government to Citizen
What is the definition of G2C?
A model where the government provides services directly to the public, such as healthcare or tax filing.
What does D2C stand for?
Direct to Consumer