2G Global issues: Part 2 Flashcards
1
Q
What are online sales
A
The buying and selling of goods and services on the internet
2
Q
What is a copyright? What does it do
A
A free and automatic protections that protects things like literature, music, art and film
3
Q
What is a trademark
A
An right granted over an aspect of a business such as, symbol, word, colour, sound, number or word that distinguishes the product
4
Q
What is a patent
A
A patent is a licences that give a business exclusive rights to use innovative devices, substances, methods, processes or products.
5
Q
List advantages and disadvantages of online selling
A
Advantages:
- cheap
- less human labour costs
- access to global markets
Disadvantages:
- needs internet and technology
- Pages need to be constantly refreshed
- hard to join/keep up with trends
