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Maria Fernanda Nuñez de la Llave. 2214007

José Carlos Rojas Villarreal. 2214008

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What is digital business?

A business model or organization that heavily relies on digital technology and digital platforms to conduct its operations, deliver products or services, and interact with customers.

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E-commerce (electronic commerce) is the exchange of goods and services and the transmission of funds and data over the internet. E-commerce relies on technology and digital platforms, including websites, mobile apps and social media to make buying and selling possible.

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The term business-to-consumer (B2C) refers to the process of selling products and services directly between a business and consumers who are the end-users of its products or services.

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Business-to-business (B2B), refers to business that is conducted between companies,such as one involving a manufacturer and wholesaler, or a wholesaler and a retailer.

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Manufacturer-to-consumer, the manufacturer sells direct to the consumer.

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Manufacturer to business, refers to transactions or relationships where a manufacturer sells products directly to other businesses

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Consumer to Government, it refers to interactions, transactions, or relationships where individual consumers or citizens engage with governmental entities.

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References:

Chen, J. (2003, November 25). Business-to-business (B2B): What it is and how it’s used. Investopedia. https://www.investopedia.com/terms/b/btob.asp

Cuofano, G. (2024, January 15). What is Manufacturer-to-Consumer (M2C) Business Model? FourWeekMBA; What is The FourWeekMBA. https://fourweekmba.com/manufacturer-to-consumer/

Dutta, V. (2016, August 11). Small shopkeepers will now have hotline to manufacturers. Economic Times. https://economictimes.indiatimes.com/small-biz/startups/small-shopkeepers-will-now-have-hotline-to-manufacturers/articleshow/53644351.cms?from=mdr

Jolaoso, C. (2023, September 7). What is E-commerce? Definition, types & getting started. Forbes. https://www.forbes.com/advisor/business/what-is-ecommerce/

Kenton, W. (2003, November 25). B2C: How business-to-consumer sales works, 5 types and examples. Investopedia. https://www.investopedia.com/terms/b/btoc.asp

Simplilearn. (2021, March 25). What is digital business? Overview, concepts, and how to build one. Simplilearn.com; Simplilearn. https://www.simplilearn.com/digital-business-article

(N.d.). Hostadvice.com. Retrieved May 8, 2024, from https://hostadvice.com/blog/monetization/ecommerce/what-is-c2g-ecommerce/