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Choose the TWO businesses that are classified as a B2B

A.Wholesale floor distributor
B.Purchases requiring a tax C.exemption certificate
D.Motorcycle repair shop
E.Chain of local grocery stores


Sagot :

Wholesale floor distributor and Chain of local grocery stores can be classifed as B2B.

Firstly, let understand that B2B means Business-to-business

  • A business-to-business is a commercial activities which involves business transaction between one business and another.

  • A very good example is transaction between the wholesaler and retailer such as an automobile company. The producer of the cars transacts business with small retailers.

Considering these explanations, the two business which can be classified as business-to-business are Wholesale floor distributor and Chain of local grocery stores

In conclusion, the commercial activities referred to as B2B does not involves the consumers of product transacted therein.

Learn more about business-to-business here

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