Answered: DEFINE Business to consumer (B2C)

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Related questions

Question

DEFINE Business to consumer (B2C)

Expert Solution

Step 1

B2C is business to consumer selling in which business directly sells to customers. For example, we purchase clothes or any accessories in the mall, eating at restaurants. From past few years, B2C term has evolved as it is used in e – commerce also. For example, manufacturers or retailers selling something directly to customers over internet. B2C sales is fast process and involves less people for taking decisions.

Step by step

Solved in 2 steps

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.

Similar questions