WorksheetsChapter 5: Business Opportunities
Total questions: 20
Worksheet time: 15mins
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 person or company that makes goods for sale.
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
The seller of a franchise is called____________.
A. Franchise
B. Franchisee
C. Franchisor
D. Royalty
The right to make or market a good or service under a trademark name.
A. Franchise
B. Franchisee
C. Franchisor
D. Royalty
An ongoing fee that a franchisee pays the franchisor. The fee is usually a percentage of gross sales.
A. Franchise
B. Franchisee
C. Franchisor
D. Royalty
The buyer of a franchise.
A. Franchise
B. Franchisee
C. Franchisor
D. Royalty
A company that conducts business outside national borders.
A. International Business
B. Domestic Business
C. Business 2 Business
D. Wholesaler
A company that conducts business within its national borders.
A. International Business
B. Domestic Business
C. Business 2 Business
D. Wholesaler
A person who purchases goods for commercial use is known as a consumer.
A. True
B. False
Retailers sell goods to distributors.
A. True
B. False
Joe’s Landscaping would be an example of a domestic business.
A. True
B. False
McDonald's corporate would be the franchisee in a franchise relationship.
A. True
B. False
E-Commerce sales will increase over the next 5 years, according to statistics.
True
False
