Saturday, March 5, 2011

Business to Consumer

Business-to-consumer describes activities of businesses serving end consumers with products and services. An example of a B2C transaction would be a person buying a pair of shoes from a retailer. The transactions that led to the shoes being available for purchase, that is the purchase of the leather, laces, rubber, etc. However, the sale of the shoe from the shoemaker to the retailer would be considered a (B2B) transaction.

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