Which type of e-business involves transactions between businesses, such as suppliers and manufacturers?

Understand the Problem

The question is asking about the classification of e-business models, specifically which model refers to transactions between businesses, like suppliers and manufacturers.

More Information

B2B eCommerce refers to transactions conducted online between businesses. It streamlines the supply chain process by using digital channels like online marketplaces and company websites.

Tips

A common mistake is confusing B2B with B2C (business-to-consumer) transactions; B2B is specifically between businesses.

Sources

• B2B eCommerce, or business-to-business eCommerce, is a term used to describe the buying and selling of goods and services between businesses through online channels. - clarity-ventures.com
• Business-to-Business (B2B): What It Is and How It's Used - investopedia.com
• What is B2B (business-to-business) commerce and how does it work? - techtarget.com