Thursday, November 7, 2019
B2B and B2C Ethical, Legal and Regulatory Issues
B2B and B2C Ethical, Legal and Regulatory Issues Every site on the web is different; no two are exactly alike despite if their topics are the same. Even if this is an obvious fact to some, it is still amazing how people sometimes tend to put all web sites in the same categories. Every site on the net serves different purposes. I'll examine the differences and similarities between how business-to-business (B2B) and business-to-consumer (B2C) websites deal with ethical, legal and regulatory issues.The only similarity I can conclude is that both B2B and B2C websites can be found on the net and that's where the similarity ends. These sites serve different markets and are ruled by very different ethical, legal and regulatory systems of operation.The B2B markets are other businesses and not consumers. Business needs and methods of payments are going to be different. B2B sites are designed to connect businesses electronically (Comerford, 2001). They also bring competing firms together to build electronic exchanges which are software syst ems enabling buyers and sellers to purchase goods and services through use of industry-wide computer systems (Comerford, 2001).Exterior of the University House at Penn State Uni...B2B sites allow an increased efficiency between businesses and a better free market economy, leading to increased efficiency promotions (Comerford, 2001).B2C websites cater to the consumer and generally sell consumer goods and services. These sites tend to be more colorful, with special features, such as highlighted texts, texts of several sizes and possibly moving images, all this to appeal to and attract consumers.Contract formation is one issue the B2B websites face that their B2C counterparts do not. When it comes to contract formation in the "real world," two business associates get together, discuss the concept, sign contracts, probably shake one another's hands and move on. The contract is considered binding.Contract formation on the net is trickier because it...
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