Which of the Following Is an Important Benefit of the Internet

question 110

Multiple Choice

Which of the following is an important benefit of the Internet to businesses?

• A)higher costs for consumers
• B)easier to keep a business local and protected from international competition
• C)lower costs of opening a business online
• D)less competitive market
• E)easy transition from brick-and-mortar business to online business

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Definitions:

Raise Capital

The act of obtaining funds or resources for business operations, expansion, or investment.

Franchise

A business model where the brand and business system of a franchisor is licensed to a franchisee in exchange for fees or royalties.

Intellectual Property

Creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names, and images used in commerce.

Trademark

A sign, term, or expression that has been legally recognized or accepted through usage, symbolizing a corporation or a product.