Match the Term with Its Definition

question 53

Multiple Choice

Match the term with its definition. Some terms may not be used.
-A business model based on selling to final consumers electronically

• A)auction sites
• B)brick-and-mortar facility
• C)business incubator
• D)B2B model
• E)B2C model
• F)C2C model
• G)content-based model
• H)disintermediation
• I)e-commerce
• J)eCRM
• K)general-purpose equipment
• L)home-based business
• M)information-based model
• N)special-purpose equipment
• O)transaction-based model
• P)zoning ordinance

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Definitions:

Wages

Compensation provided to employees for their work, often determined by the hour, day, or the amount of work completed.

Broad Groups

Categories or classifications used to organize things, people, or concepts into general and wide-ranging categories.

Profit-maximizing Strategy

A business approach aimed at increasing a firm's profit to the highest possible level given the constraints it faces.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex, affecting societal and economic opportunities.