INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A dot-com company does most or all of its business through this medium.
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Store-Front
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Phone sales
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Internet
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All of the above
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Explanation:
Detailed explanation-1: -A dotcom, or dot-com, is a company that conducts business primarily through a website. A dotcom company embraces the Internet as the key component in its business.
Detailed explanation-2: -Dotcom refers to a domain on the internet with “com” signifying commerce occurring primarily on the internet. For example, Amazon is a top-rated dotcom company that made it big by offering products online.
Detailed explanation-3: -Several online and technology entities declared bankruptcy and faced liquidation – namely Pets.co., Webvan, 360Networks, Boo.com, eToys, etc. However, other internet-based companies struggled but survived and are giants today, notably Microsoft, Amazon, eBay, Qualcomm, and Cisco.
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