business-to-business (B2B) |
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Definition
Trading between firms (and not between businesses and consumers), characterized by (1) relatively large volumes, (2) competitive and stable prices, (3) fast delivery times and, often, (4) on deferred payment basis. In general, wholesaling is B2B and retailing is B2C.
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business-to-business (B2B) is in the Distribution & Logistics subject.
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