What is b2b and b2c business?

In the world of commerce, B2B represents “business-to-business,” denoting a specific kind of transaction occurring exclusively between two distinct businesses. On the other hand, B2C signifies “business-to-consumer,” describing transactions where a business engages directly with an individual who assumes the role of the ultimate customer. These two terms encapsulate the diverse nature of trade relationships, one focusing on inter-business interactions, while the other revolves around businesses catering to the needs of individual consumers.