B2B versus B2C Comprehension
Please answer the following questions of understanding:
Question 1:
What is B2B?
a Being too Busy
b Business to Business
c A rock band
d Business to Customer
Question 2:
What is B2C?
a Business to Business
b Business to Customer
c A Star Wars character
d Being too Careful
Question 3:
What do B2B and B2C have in common?
a The Business model is the same
b They like strawberries
c They both involve a company selling products or services
d The Marketing Strategy is the same
Question 4:
If the farmer creates a shop and sells strawberries to passing customers, his Business model is ___?
a Selling Services
b Farming
c B2B
d B2C
Question 5:
If the farmer sold his crop of strawberries to a Supermarket, his Business model would be ____?
a Farming
b Selling Services
c B2C
d B2B
Question 6:
Which of these statements is NOT true for the B2B model?
a The Business sells directly to the public at high prices
b The Business should establish long-term relationships with other businesses
c Business ABC sells their products to Business XYZ
d The Business sells their services to another Business
Question 7:
Which of these statements IS true for B2C model?
a The Business needs to establish long-term relationships with other businesses
b The Business sells their goods or services to another Business
c The Business only sells strawberries
d The Business can get the higher end-consumer price for their goods
Question 8:
What is NOT suggested as a method of attracting customers?
a Brand recognition
b Selling at low prices
c Marketing
d Advertising
Looking forward to seeing you in later podcasts that I will develop for you to help you with your daily English practice.
See you tomorrow!