Mc-test // Brokerage Model
5 Questions
| Attempts: 110
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Questions and Answers
- 1.
Which of the following sites or platforms does not use the brokerage business model?
- A.
PayPal
- B.
Facebook
- C.
EBay
- D.
Amazon
Correct Answer
B. Facebook -
- 2.
Normally a broker brings buyers and ________ together.
- A.
Agents
- B.
Buyers
- C.
Sellers
- D.
Distributors
Correct Answer
C. Sellers -
- 3.
Through the brokerage model the global market becomes _________.
- A.
Larger
- B.
Smaller
- C.
Homogeneous
- D.
Heterogeneous
Correct Answer
B. Smaller -
- 4.
The core of the brokerage model is described by the ___________.
- A.
Seller
- B.
Buyer
- C.
Broker
- D.
Price
Correct Answer
C. Broker -
- 5.
Which of the following answers does not describe a type of the brokerage model?
- A.
Search Agent
- B.
Virtual Marketplace
- C.
Virtual Merchant
- D.
Demand Collection System
Correct Answer
C. Virtual Merchant -
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Current Version
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Mar 21, 2022Quiz Edited by
ProProfs Editorial Team -
Nov 19, 2012Quiz Created by
Mkeirule
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