How can a retailer track a shopper's email address?


A.
By setting up an electronic shopping cart

B.
By entering the URL

C.
By using a cookie

D.
By creating hyperlinks on a web page

C. By using a cookie

What is the return rate for brick-and-mortar stores?


A.
10%

B.
20%

C.
15%

D.
3%

There is no specific return rate for brick-and-mortar stores as it can vary greatly depending on the industry, location, and individual store policies. However, based on common industry estimates, the return rate for brick-and-mortar stores typically falls within the range of 5% to 10%. Therefore, none of the options provided (10%, 20%, 15%, or 3%) accurately represent the return rate for brick-and-mortar stores.

What is profit?


A.
Money remaining when all expenses except salaries, rent, and taxes have been paid.

B.
Money invested after all business expenses, including salaries, rent and taxes have been paid.

C.
Money lost after all other business expenses, including salaries, rent, and taxes have been paid.

D.
Money remaining when all other business expenses, including salaries, rent, and taxes, have been paid.

D. Money remaining when all other business expenses, including salaries, rent, and taxes, have been paid.

Jodi wants to sell colorful ribbons specifically to dancers. She signs up for a vendor booth at a local dance convention. What marketing concept should she use?


A.
Expensive pricing

B.
Target marketing

C.
Word of mouth

D.
Colorful signage

B. Target marketing

Economists have determined that the economy goes through a cycle of growth and decline how often?


A.
Every 54-60 years

B.
Every 80-95 years

C.
Every 6-10 years

D.
Every 25-31 years

C. Every 6-10 years

Printers, smartphones, tablets, and scanners can be found in an office that is _____.


A.
in a traditional economy

B.
digital dependent

C.
rebranding

D.
an electronic storefront

B. digital dependent

Jenn wants to move to a place where she can start her own coffee shop and use a bus, train, or subway to get to work every day. Which economic system would best fit her needs?


A.
Traditional Economy

B.
Command economy

C.
Modified command economy

D.
Mixed economy

D. Mixed economy

What is a subcontractor?


A.
A person who works solely with one company on a constant basis.

B.
A person who owns part of the company and makes executive decisions.

C.
A person who manages a company and hires all employees.

D.
A person who does work for another company or person as a part of a larger job.

D. A person who does work for another company or person as a part of a larger job.

Why does e-commerce save businesses money?


A.
Because they lower the quality of the product for online purchases.

B.
Because warehouses can stock much more inventory than stores.

C.
Because more people shop online than in stores.

D.
Because they charge more for online purchases.

B. Because warehouses can stock much more inventory than stores.

What is an example of land capital?


A.
Small business

B.
Doctor

C.
Hardware

D.
Oil

D. Oil

Eric wants to open a shoe store with his best friend. Which type of business should he pursue?


A.
Non-profit

B.
Sole proprietorship

C.
Franchise

D.
General partnership

D. General partnership

What does the Federal Reserve help regulate?


A.
Food

B.
Music

C.
The economy

D.
Clothing

C. The economy