Which type of e-commerce model is exemplified by Amazon?
- A.B2C (Business to Consumer)
- B.B2B (Business to Business)
- C.C2B (Consumer to Business)
- D.C2C (Consumer to Consumer)
Correct answer
Explanation
The correct answer is A, B2C (Business to Consumer). In the business to consumer model a firm sells goods or services directly to the person who will use them, and Amazon's retail store is the best known example: a shopper opens the site or the app, puts an item in the cart and buys it, with no wholesaler or trader in between. Every e-commerce model is named in the same way, by who stands at each end of the deal, so learning the four pairs is enough to answer most questions on this topic. B is wrong because business to business means one firm selling to another, the way a parts maker supplies a car factory or IndiaMART links wholesalers. C is wrong because consumer to business is the reverse, where an individual offers a service to a company, as a freelance designer does on a bidding site. D is wrong because consumer to consumer is one individual selling to another, as on OLX or Quikr. Exam tip: B2C is Amazon retail, B2B is IndiaMART, C2C is OLX and C2B is freelancing sites.
Practice Questions
View allWhich language uses the symbolic representation of machine codes needed to program a particular processor or processor family?
- A.Machine Language
- B.Assembly Language
- C.High-Level Language
- D.All of the above
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Assembly language replaces the binary machine codes of a processor with short symbols called mnemonics, such as MOV, ADD and JMP.
Read the full explanation →Which one of the following is the characteristic of Artificial Intelligence ?
- A.Replicates human decision making
- B.Stores relevant information
- C.Stores similar kind of data for a specific purpose
- D.Allows user to interact with media
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Artificial Intelligence is the ability of a machine to perform tasks that normally need human intelligence, such as reasoning, learning and taking decisions.
Read the full explanation →What is an interactive combination of text, graphics, video, audio and images termed as ?
- A.JPEG
- B.Multimedia
- C.AVA
- D.PNG
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Multimedia means using several forms of media, such as text, graphics, audio, video, images and animation, together, often in a way the user can interact with.
Read the full explanation →Which among the following is a malicious software?
- A.Hacking
- B.Password Cracking
- C.Trojan Horse
- D.Firewall
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A Trojan is a program that looks useful or harmless but secretly carries harmful code, so it is a piece of malicious software, or malware.
Read the full explanation →Which one of the following is not an application software?
- A.Spreadsheet
- B.AutoCAD
- C.MS PowerPoint
- D.Linker
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A linker is system software, a programming tool that joins compiled pieces of code into one program that can run; it does not do a task for the end user.
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