Ramon believed he could earn money helping students with homework onli

QUESTION

Ramon believed he could earn money helping students with homework online. He built a Homework SOS website and paid the business filing fee and site host. All revenue comes from memberships.

Within a few months, Ramon was making $1,000 a month in profit. Which term best describes the business?
A) freelance business
B) home-based business
C) ultralight startup
D) affiliated marketer
E) bedouin operation

ANSWER

Answer: C
Explanation: C) Homework SOS is a Web-based business that was started with very little initial financial investment.