Which term refers to online retail aimed at consumers?

Prepare for the IB Business and Management SL Exam. Utilize flashcards and multiple choice questions, each with hints and explanations. Get ready for success!

Multiple Choice

Which term refers to online retail aimed at consumers?

Explanation:
The main idea is identifying the buyer in online commerce. When a business sells products or services directly to individual consumers for personal use over the internet, that relationship is described as business-to-consumer, or B2C. This distinguishes it from selling to other businesses (B2B), which is aimed at organizational buyers, and from spam, which is unsolicited messages rather than a type of retail. E-tailers are online retailers, so they describe who sells online, but the term that specifically refers to the sale of goods online to end shoppers is B2C.

The main idea is identifying the buyer in online commerce. When a business sells products or services directly to individual consumers for personal use over the internet, that relationship is described as business-to-consumer, or B2C. This distinguishes it from selling to other businesses (B2B), which is aimed at organizational buyers, and from spam, which is unsolicited messages rather than a type of retail.

E-tailers are online retailers, so they describe who sells online, but the term that specifically refers to the sale of goods online to end shoppers is B2C.

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