Industry Trends Flashcards
1
Q
It is characterized by engagement
A
Social networking
2
Q
It offers a wide range of service to companies such as traditional voice and IT services, finance, animation, engineering, medical transcription, and architectural services
A
Outsourcing
3
Q
From the French word meaning “free”; a franchisor provides a licensed privilege to the franchisee to do business and offer assistance in organizing, training, merchandising, marketing, and managing in return for a certain fee
A
Franchising
4
Q
It is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers.
A
Retailing
5
Q
A
