Unit 2: Business Ideas and Opportunities Study Guide

Any business on the internet that sells products, services, or advertising online is known as ___________.

• Online Business

• Brick & Mortar Business

• Business 2 Business

• Domestic Business

The top E-Commerce market is _____________.

• USA

• CHINA

• JAPAN

• UK

A company that conducts business within its national borders is known as a ______________.

• Online Business

• Brick & Mortar Business

• Business 2 Business

• Domestic Business

A business that has a physical location for consumers to purchase goods.

• Online Business

• Brick & Mortar Business

• Business 2 Business

• Domestic Business

Business that is conducted between businesses is known as ____________.

• Online Business

• Brick & Mortar Business

• Business 2 Business

• Domestic Business

A seller of goods to consumers is a _____________.

• Retailer

• Manufacturer

• Wholesaler

• Distributor

The manufacturer’s direct point of contact to supply goods to wholesalers.

• Retailer

• Manufacturer

• Wholesaler

• Distributor

A person or company that makes goods for sale.

• Retailer

• Manufacturer

• Wholesaler

• Distributor

A company that sells goods in large quantities at low prices to retailers.

• Retailer

• Manufacturer

• Wholesaler

• Distributor

The seller of a franchise is called _____________.

• Franchise

• Franchisee

• Franchisor

• Royalty