Asked by Charles Griffey on Jun 02, 2024

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Parul went shopping at the mall and bought a dress from a retail store. Which type of transaction was Parul participating in?

A) B2B
B) C2C
C) B2C
D) R2C
E) C2B

B2B

Business-to-Business, a type of commercial transaction between businesses, such as one involving a manufacturer and wholesaler or a wholesaler and retailer.

C2C

Consumer-to-consumer, a business model whereby consumers trade with each other, typically through an online platform.

B2C

Business-to-Consumer (B2C) refers to the process of selling products and services directly from businesses to the end-users or consumers.

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Verified Answer

DC
Diana Carreiro

Jun 07, 2024

Final Answer :
C
Explanation :
Parul was participating in a business-to-consumer (B2C) transaction, where the retail store (business) sold a product to Parul (consumer).