Match the term with its definition.
-The traditional physical facility from which businesses have historically operated
A)auction sites
B)brick-and-mortar facility
C)business incubator
D)business-to-business (B2B) model
E)business-to-customer (B2C) model
F)consumer-to-consumer (C2C) model
G)content-based model
H)disintermediation
I)e-commerce
J)general-purpose equipment
K)home-based business
L)information-based model
M)special-purpose equipment
N)transaction-based model
O)zoning ordinances

Question

Quizplus · Accepted Answer

A brick-and-mortar facility refers to a traditional physical facility from which businesses have historically operated, such as a physical store or office building.

Answer: H 
 Disintermediation refers to the elimination of intermediaries, such as middlemen or brokers, from a supply chain or distribution channel.

Answer: I 
 E-commerce refers to the buying and selling of goods and services over the internet or other electronic networks.

Answer: K 
 A home-based business is a business that is run from the owner's home instead of a separate physical facility.

Answer: O 
 Zoning ordinances are local government regulations that dictate how different areas of land can be used, such as for residential, commercial, or industrial purposes.

Match the Term with Its Definition