Final answer:
The correct answer is b) B2B (Business-to-Business), which refers to transactions and interactions occurring between two businesses. Other types of transactions include B2C, C2C, and C2B, each referring to different types of relationships between buyers and sellers.
Step-by-step explanation:
If you are maintaining a web presence to streamline transactions between you as the seller and other businesses as buyers, you would be engaging in B2B (Business-to-Business) operations. B2B transactions are characterized by the exchange of products, services, or information between businesses, rather than between businesses and individual consumers. It involves supply chain management when it concerns the procurement of raw materials from suppliers as well as wholesaler and retailer relationships where products are sold in bulk to be resold.
In a B2C (Business-to-Consumer) model, businesses sell directly to the end consumer, typically in smaller quantities and through channels that are tailored to individual sales and marketing. C2C (Consumer-to-Consumer), on the other hand, refers to transactions between private individuals, often facilitated through third-party platforms like online marketplaces or auction sites. Lastly, C2B (Consumer-to-Business) is where individuals offer goods or services to companies, which is less common in conventional marketplace dynamics.