Which statement about B2B e-commerce is accurate?

• A. The transactions involve single-person decision-making.
• B. Payments are made in cash only.
• C. The transactions involve review by a team before purchasing.
• D. All products are non-tangible goods.

Answer: (C)

The statement that is accurate in the context of B2B (business-to-business) e-commerce is that the transactions involve review by a team before purchasing. In B2B transactions, purchasing decisions often require the input of multiple stakeholders within an organization. This can include team members from various departments such as procurement, finance, and management, who collaborate to evaluate options, negotiate terms, and ensure that the purchase aligns with the company's strategic goals.

This collaborative approach helps to mitigate risks and ensures that the final decision reflects the best interests of the organization. B2B transactions are usually more complex than B2C (business-to-consumer) ones and take into account factors such as pricing, supplier reliability, and contractual obligations.

Other options do not accurately reflect typical practices in B2B e-commerce. For instance, transactions in B2B do not generally rely on single-person decision-making, payments are not limited to cash and can utilize various methods, and it is not true that all products exchanged in B2B are non-tangible goods; many tangible products are also commonly traded.