Question

John and Jenny have been saving for two years to take their six children on a vacation to Disneyworld. They are surprised to find out that airline tickets are far more expensive than they had anticipated. They decide to try to find cheaper tickets on Priceline, where they are allowed to set their own price they are willing to pay for the airline tickets. What form of ebusiness model are John and Jenny using? a. B2C b. B2B c. C2C d. C2B

Answer 1

Answer: In this particular case the following is a form of C2B(consumer to business) model.

Under C2B(consumer to business) model, a consumer appoints worth and business organization devour that economic value. Under this model,the business enables individuals to demand their own value, which is constricting, for a commodity or service.

Therefore, the correct option in this case is (d).