Business Models
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Questions and Answers

Which of the following is NOT a type of business model mentioned in the text?

  • E-commerce Model
  • Subscription Model
  • Freemium Model
  • Crowdsourcing Model (correct)

    • What is the purpose of understanding customer segments?

  • To develop a deep understanding of customer needs (correct)
  • To define customer segments
  • To build a customer profile
  • To validate customer segments

    • Which type of business model involves offering products or services for free, but charging for additional features or premium versions?

  • E-commerce Model
  • Advertising Model
  • Subscription Model
  • Freemium Model (correct)

    • What is the role of business models in entrepreneurship and innovation?

    <p>To provide a framework for creating value</p> Signup and view all the answers

    Which type of business model involves selling products or services directly to customers without intermediaries?

    <p>Direct Sales Model</p> Signup and view all the answers

    Which type of business model involves offering products or services for free, but charging for additional features or premium versions?

    <p>Freemium Model</p> Signup and view all the answers

    Which type of business model involves selling products or services directly to customers without intermediaries?

    <p>Direct Sales Model</p> Signup and view all the answers

    Which type of business model involves connecting buyers and sellers in a virtual marketplace?

    <p>Marketplace Model</p> Signup and view all the answers

    Which type of business model involves outsourcing tasks or projects to a large group of people or community?

    <p>Crowdsourcing Model</p> Signup and view all the answers

    Which type of business model involves selling products or services to other businesses?

    <p>B2B (Business-to-Business) Model</p> Signup and view all the answers

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