Term 2 review of online and entrepreneurs

A _________________of a decision is what a person or business gives up when they make a choice.

• trade-in

• trade-out

• trade-off

• trade

A _______________ is the particular group or groups of people that a business aims to sell its products.

• target practice

• target audience

• target

• target market

______________ are banks or other organizations from which a business borrows money.

• loaners

• lenders

• lennees

• loan out

A business’s _______________ is other businesses that have the same target markets.

• competitors

• competition

• compete

• compilation

________________ is the money and resources needed to set up a business.

• start-up

• start-me-up

• start-up-capital

• upstart crow

Online businesses can be run from anywhere in the world.

• advantage

• disadvantage

Online businesses do not require a lot of capital to set up.

• advantage

• disadvantage

Governments have different laws about setting up businesses

• advantage

• disadvantage

For online businesses, there could be hundreds of competitors selling the same products

• advantage

• disadvantage

For online businesses, security threats can come anonymously from anywhere in the world.

• advantage

• disadvantage