Which term describes a business purchasing goods for use in its operations or for resale?

Which term describes a business purchasing goods for use in its operations or for resale?

• A. B2C
• B. B2B
• C. C2C
• D. D2C

Answer: (B)

B2B describes commerce between businesses. When a company buys goods to operate its business or to add to its inventory for resale, the buyer is a business, not an individual consumer. This includes things like a manufacturer purchasing raw materials, a wholesaler supplying products to retailers, or a bakery buying flour for production. In contrast, B2C is businesses selling to individual consumers, C2C involves transactions between consumers, and D2C is when a brand sells directly to consumers. The scenario described fits B2B because the purchase is for business use or for resale to others, not for personal consumer use.

B2B describes commerce between businesses. When a company buys goods to operate its business or to add to its inventory for resale, the buyer is a business, not an individual consumer. This includes things like a manufacturer purchasing raw materials, a wholesaler supplying products to retailers, or a bakery buying flour for production. In contrast, B2C is businesses selling to individual consumers, C2C involves transactions between consumers, and D2C is when a brand sells directly to consumers. The scenario described fits B2B because the purchase is for business use or for resale to others, not for personal consumer use.