Asked by nelly becerril on May 08, 2024
Verified
When you purchase a book on Amazon, you generally have two choices: buy it directly from Amazon or purchase it through Amazon but from a third-party vendor. If you go the direct route, Amazon has already purchased the book from a publisher and is holding it in an Amazon fulfillment center-the interaction between Amazon and the publisher is a ________ transaction. If you take the third-party route, Amazon acts as an agent for the supplier and takes a commission of about 10 percent of the value of the merchandise for the right to sell it on Amazon's platform-the interaction between Amazon and the supplier is a ________ transaction.
A) B2B; B2B
B) B2C; B2C
C) B2C; B2B
D) C2C; B2C
E) B2B; C2C
Third-Party Vendor
An external provider who offers goods or services to a company but is not directly connected to its primary operations.
Amazon Fulfillment Center
A warehouse facility where Amazon stores, packs, and ships products on behalf of sellers using Amazon's platform.
B2B Transaction
A commercial transaction between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer.
- Identify and distinguish between different types of business buyers and transactions (B2B, B2C).
Verified Answer
SM
Scott MccolaughMay 15, 2024
Final Answer :
A
Explanation :
The interaction between Amazon and the publisher, where Amazon purchases books to hold in its fulfillment center, is a Business-to-Business (B2B) transaction because it involves a transaction between two businesses. Similarly, when Amazon acts as an agent for a third-party supplier and takes a commission, it is also a B2B transaction because it involves business agreements and transactions between Amazon (a business) and the third-party supplier (another business).
Learning Objectives
- Identify and distinguish between different types of business buyers and transactions (B2B, B2C).