Which of the following is NOT a type of online commerce?

Prepare for the Utah Financial Literacy State Test. Dive into interactive questions, complete with explanations and tips, to ensure your success. Boost your financial skills and ace the exam!

Inclusive Commerce (I2C) is the correct answer because it is not a widely recognized category of online commerce like the others listed.

Business-to-Business (B2B) involves transactions between businesses, allowing companies to purchase goods and services from one another. This model is critical in supply chains and often entails larger volume transactions.

Consumer-to-Consumer (C2C) enables individuals to sell goods and services directly to other consumers, often facilitated by online platforms like eBay or Craigslist, providing a marketplace for personal transactions.

Business-to-Consumer (B2C) represents the direct sales of products or services from businesses to consumers, which is one of the most common forms of commerce seen on e-commerce websites like Amazon.

Inclusive Commerce, while a term that may suggest a broader or more socially aware approach to commerce, does not refer to a specific, established model of online commerce like the others. This distinction makes it the correct choice in identifying the option that does not belong with the others.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy