Which e-business model allows consumers to name their own price for products and services ?
C2 B
E-business models are named by who sells to whom: B2B is business to business, B2G is business to government, C2C is consumer to consumer and C2B is consumer to business.
In the consumer-to-business model the consumer initiates the transaction and states the terms; the classic example is a reverse-auction site such as Priceline, where a buyer names the price he is willing to pay and businesses decide whether to accept it.
B2B and B2G involve businesses or governments as buyers, and C2C involves consumers selling to each other (such as auction sites), so none of them is the name-your-own-price model.
Hence, the answer is C2 B.
Similar Questions
__________ model is designed to bring prices down by increasing the number of customers who buy a particular product at once.
__________ uses electronic means to transfer funds directly from one account to another rather than by cheque or cash.
Which one of the following is not a Client-Server application ?
Object Request Broker (ORB) is
I. A software program that runs on the client as well as on the application server.
II. A software program that runs on the client side only.
III. A software program that runs on the application server, where most of the components reside.
Important Questions from Client Server Model
Which of the following statement/s is/are true?
(i) windows XP supports both peer-peer and client-server networks.
(ii) Windows XP implements Transport protocols as drivers that can be loaded and uploaded from the system dynamically.- _________ is the standard that defines how web servers and application programs communicate.
__________ model is designed to bring prices down by increasing the number of customers who buy a particular product at once.
- In a client-server digital library architecture, what is a key function of the server?
__________ uses electronic means to transfer funds directly from one account to another rather than by cheque or cash.
