Task 3. Define these business terms based on what you read in the main reading

Task 3. Define these business terms based on what you read in the main reading.

1. 
   business model - refers to the strategy or plan that a company adopts to generate revenue and achieve its objectives. It outlines how a company operates, how it creates value for its customers, and how it makes money.
   
2. 
   Sales - Sales refer to the exchange of goods or services for money or other consideration. It represents the revenue generated by a company through selling its products or services to customers.
   
3. 
   Factors - Factors are elements or circumstances that influence a situation or outcome. In the context of the text, factors may refer to various aspects that contribute to the success or growth of online shopping, such as consumer preferences, technological advancements, market trends, etc.
   
4. 
   consumer - A consumer is an individual or entity that purchases goods or services for personal use or consumption. In the context of the text, consumers are the people who engage in online shopping by purchasing products or services through the internet.
   
5. 
   profits - Profits are the financial gains earned by a company after deducting expenses from its total revenue. It represents the amount of money that remains after all costs and expenses have been paid. In the context of the text, profits may refer to the financial gains obtained by online retailers from selling products or services through electronic means.