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CS Foundation : E-Commerce

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Our Target is to help out in the journey of your CS Preparation. Today we have brought an important article related to “Business Management and Law , an important part of CS Foundation. While preparing for CS Preparation, you must have studied in details about Business Management and Law. In this blog we will discuss about “E-Commerce”.

CS Foundation : E-Commerce

Classification of E-Commerce on the basis of the participants in the business:
  1. Business to Business (B2B): In this, both the transacting parties are businesses. Eg: Manufacturers, Traders, retailers etc.
  2. Business to Consumer (B2C): Business selling goods to a consumer is the best example to understand this.
  3. Consumer to Business (C2B): Business buying from Consumer. It’s a new concept in the market and is actually being loved by the people. Eg: Elanic
  4. Consumer to Consumer (C2C): Consumer selling to another consumer. Eg: OLX, Elanic etc.

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