Mega Music Sells Products to Customers Only Through Its Web

question 2

True/False

Mega Music sells products to customers only through its Web site.Mega Music employs the direct model as its marketing approach.

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Definitions:

Sole Proprietorship

A business structure where a single individual owns and operates the entire business, bearing all financial risks and responsibilities.

Partnership

A lawful business structure involving two or more people who distribute both the management responsibilities and the profits.

Sole Proprietorship

A business structure where a single individual owns and runs the business, responsible for all its debts and liabilities.

Debt Financing

Borrowing money that must be repaid over time, with interest.