Q2E-Commerce and ERP
Question
2 marks
Differentiate between B2B and B2C e-commerce.
Answer
B2B executes massive, complex financial transactions strictly between two corporations, whereas B2C focuses on single-item retail transactions directly between a business and individual human consumers.
Business-to-Business (B2B) architecture dictates high-volume, strictly negotiated supply-chain transactions (e.g., an auto manufacturer buying 10,000 tires from a supplier via EDI). Business-to-Consumer (B2C) architecture dictates standard digital retail (e.g., a human user purchasing a single laptop from Amazon.com).