A Website That Facilitates Transactions by Bringing Together Buyers and Sellers

question 66

Multiple Choice

A website that facilitates transactions by bringing together buyers and sellers from all over the world is called a(n) ________.

• A)intranet
• B)e-marketplace
• C)wide area network
• D)virtual market

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Definitions:

Earned Income

Revenue generated from the sale of goods and services, as opposed to donations or grants.

Revenue

The total income generated by a company from its activities, before any expenses are subtracted.

Nonprofit-Corporate Relationship

The dynamics and partnerships between nonprofit organizations and for-profit companies, often focused on achieving mutual benefits or goals.

Licensing Agreement

A legal contract where a licensor allows a licensee to use, produce, or sell its intellectual property in exchange for compensation.