Podcast
Questions and Answers
What are the factors mentioned in the text that contribute to building a good brand in an online marketplace?
What are the factors mentioned in the text that contribute to building a good brand in an online marketplace?
- Low prices, flashy advertisements, and hidden fees
- Trust, free and or on-time home delivery, and quality sellers (correct)
- Limited product variety, slow shipping, and poor customer service
- Unreliable sellers, frequent product returns, and late deliveries
What is the major element highlighted in the text in the context of web technology for companies to perform operations and gain profits?
What is the major element highlighted in the text in the context of web technology for companies to perform operations and gain profits?
- Customer feedback
- Advertising campaigns
- Data (correct)
- Social media presence
Which of the following is NOT an example of a Subscription Business Model?
Which of the following is NOT an example of a Subscription Business Model?
- Uber - Pay per ride service (correct)
- Amazon Prime - Annual subscription for free shipping and entertainment services
- Netflix - Monthly subscription for video streaming services
- Birchbox - Monthly subscription for beauty product samples
What do manufacturers, distributors, and retailers play roles in according to the text?
What do manufacturers, distributors, and retailers play roles in according to the text?
What is emphasized as a key aspect for building a good brand in an online marketplace?
What is emphasized as a key aspect for building a good brand in an online marketplace?
What technological advancement has given rise to the importance of data in modern business models?
What technological advancement has given rise to the importance of data in modern business models?
What is the primary goal of a social enterprise business model?
What is the primary goal of a social enterprise business model?
What is the term for a method of distributing products or services involving a franchisor?
What is the term for a method of distributing products or services involving a franchisor?
What does a business model primarily aim to answer?
What does a business model primarily aim to answer?
Which of the following is NOT characteristic of a social enterprise?
Which of the following is NOT characteristic of a social enterprise?
What type of platform involves a collection of different sellers competing to deliver similar products or services at competitive prices?
What type of platform involves a collection of different sellers competing to deliver similar products or services at competitive prices?
In franchising, what does the franchisor provide access to?
In franchising, what does the franchisor provide access to?
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