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Social Science
Business
Domain 1: Entrepreneurial and Small Business Concepts
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Appliance World is a top-rated appliance manufacturer. Super Steel supplies metal to Appliance World to build their appliances. What type of transaction is this?
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- Business to business (B2B)
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Terms in this set (22)
Appliance World is a top-rated appliance manufacturer. Super Steel supplies metal to Appliance World to build their appliances. What type of transaction is this?
- Business to business (B2B)
Tim purchased a movie from a popular streaming service. He received immediate access to the movie. What type of e-commerce product did Tim purchase?
- Digital
What is the main drawback of a sole proprietorship?
- They have unlimited personal liability
Companies run the risk of employees sharing trade secrets. Which two documents do many companies have their employees sign to help mitigate the risk?
- Confidentiality Agreement
- Nondisclosure Agreement (NDA)
What are the benefits of entrepreneurship?
- Setting one's own hours
- Getting to work with like-minded people