Management

3 Pins
·
1y
By
wallstreetmojo
Nov 18, 2024 - Guide to B2B vs B2C. We explain B2B vs B2C infographics, similarities, examples and differences, specifically in marketing, sales, ecommerce.
B2B vs B2C
In B2B vs B2C, B2B stands for business-to-business, and B2C stands for business-to-consumer. The primary difference between B2B and B2C is that in B2B, the business transaction occurs between businesses or companies. In contrast, a B2C transaction occurs between a business and an individual consumer. For example, a producer selling their outputs to another producer indicates a B2B business and a retailer selling products to individual consumers indicates a B2C transaction. B2B products involve raw materials, manufactured materials, and component parts and assemblies, and B2C products are majorly final goods.
Guide to Balanced Scorecard and its meaning. Here we discuss its advantages and disadvantages along with balanced scorecard examples.
Balanced Scorecard
A Balanced Scorecard (BSC) is a deeply integrated performance metric that help organizations identify internal problems and overcome them through effective planning, strategy, and executions. It can be feedback, information, raw data, and operations management. Though for-profit companies implemented it first many other organizations use it now.
Guide to Back Office and its meaning. We explain its examples and job types and comparison with the front and middle office.
Back Office
A back office refers to a section of a company where operations assisting the company’s core customer-facing departments are performed. Generally, all operations that don’t directly involve clients take place in the back office.