Vocabulary Reference

Provides a specified service

• Buyer

• Agent

• Close

• Client

Promoting products and services over the internet

• E-commerce

• Extranet

• E-marketing

• Seller

Benchmarking

• Comparing one's products to those of competitors in order to improve quality and performance

• Entering a foreign market by setting up assembly or manufacturing facilities in that country

• Comparing two products to those of competitors in order to improve quality and performance

• Promoting products and comparing one products to others

The meaning of chain store is small shop located near a residential area that opens long hours, seven days a week

• True

• False

The meaning of Convenience store is a large shop or store that carries a wide variety of product

• False

• True