Podcast
Questions and Answers
Which revenue model involves connecting buyers and sellers to facilitate a transaction?
Which revenue model involves connecting buyers and sellers to facilitate a transaction?
- Customization/Concierge
- Marketplace
- Brokerage (correct)
- Franchise
What is the primary goal of crowdsourcing?
What is the primary goal of crowdsourcing?
- To entice the crowd to participate (correct)
- To provide rewards to customers
- To create a unique product for each customer
- To generate revenue through advertising
Which revenue model involves selling a recipe for starting and running a successful business?
Which revenue model involves selling a recipe for starting and running a successful business?
- Customization/Concierge
- Brokerage
- Marketplace
- Franchise (correct)
What is the primary characteristic of the leasing revenue model?
What is the primary characteristic of the leasing revenue model?
Which revenue model involves providing customers with easy tools for connecting to sellers?
Which revenue model involves providing customers with easy tools for connecting to sellers?
What is the primary characteristic of the subscription revenue model?
What is the primary characteristic of the subscription revenue model?
What is a business model?
What is a business model?
According to Peter Drucker, what does a business model suppose to answer?
According to Peter Drucker, what does a business model suppose to answer?
What are the three parts of a business model?
What are the three parts of a business model?
What is one of the aspects of a business model?
What is one of the aspects of a business model?
What is the purpose of a business model?
What is the purpose of a business model?
Who is the management guru who defined business model?
Who is the management guru who defined business model?
What type of revenue stream involves customers paying for a particular service?
What type of revenue stream involves customers paying for a particular service?
What type of resource is a brand or patent?
What type of resource is a brand or patent?
What is an example of a company that might use a brokerage fee revenue stream?
What is an example of a company that might use a brokerage fee revenue stream?
What type of revenue stream involves charging different prices for different customer segments?
What type of revenue stream involves charging different prices for different customer segments?
What are the relationships that a business has with other entities that help its business model work?
What are the relationships that a business has with other entities that help its business model work?
What is an example of a physical resource?
What is an example of a physical resource?
What is the primary purpose of key activities in a business?
What is the primary purpose of key activities in a business?
What do key partners refer to in a business model?
What do key partners refer to in a business model?
What is meant by the cost of goods sold?
What is meant by the cost of goods sold?
What is the definition of a value proposition?
What is the definition of a value proposition?
What is the purpose of customer feedback?
What is the purpose of customer feedback?
What is the primary purpose of a tagline?
What is the primary purpose of a tagline?
What is an important aspect of a business model?
What is an important aspect of a business model?
What type of customers should entrepreneurs target?
What type of customers should entrepreneurs target?
What is important when offering products or services?
What is important when offering products or services?
What should entrepreneurs consider when devising a distribution system?
What should entrepreneurs consider when devising a distribution system?
What is a key aspect of offering products or services with reasonable profit?
What is a key aspect of offering products or services with reasonable profit?
What are the negative signals that entrepreneurs must avoid?
What are the negative signals that entrepreneurs must avoid?
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