Chapter 5: Business Opportunities Study Guide

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

• A. Online Business

  
  

• B. Brick & Mortar Business

  
  

• C. Business 2 Business

• D. Domestic Business

The top E-Commerce market is _____________.

• A. USA

  
  

• B. CHINA

• C. JAPAN

• D. UK

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

• A. Online Business

  
  

• B. Brick & Mortar Business

• C. Business 2 Business

• D. Domestic Business

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

• A. Online Business

  
  

• B. Brick & Mortar Business

• C. Business 2 Business

• D. Domestic Business

Business that is conducted between businesses is known as ___________.

• A. Online Business

  
  

• B. Brick & Mortar Business

• C. Business 2 Business

• D. Domestic Business

 A seller of goods to consumers is a _____________.

• A. Retailer

• B. Manufacturer

• C. Wholesaler

• D. Distributor

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

• A. Retailer

• B. Manufacturer

• C. Wholesaler

• D. Distributor

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

• A. Retailer

  
  

• B. Manufacturer

• C. Wholesaler

• D. Distributor

10. The seller of a franchise is called____________.

• A. Franchise

  
  

• B. Franchisee

• C. Franchisor

• D. Royalty

11. The right to make or market a good or service under a trademark name. 

• A. Franchise

  
  

• B. Franchisee

• C. Franchisor

• D. Royalty