Podcast
Questions and Answers
What revenue model involves giving away a certain level for free and charging a subscription fee for premium levels?
What revenue model involves giving away a certain level for free and charging a subscription fee for premium levels?
- Transaction fee revenue model
- Affiliate revenue model
- Sales revenue model
- Freemium strategy (correct)
Which revenue model receives a fee for enabling or executing a transaction?
Which revenue model receives a fee for enabling or executing a transaction?
- Freemium strategy
- Sales revenue model
- Affiliate revenue model
- Transaction fee revenue model (correct)
What does the term 'market opportunity' refer to?
What does the term 'market opportunity' refer to?
- The presence of substitute products in the market
- The global presence of a company's products
- The competitive environment of a company
- The intended marketspace and financial opportunities available to a firm (correct)
What does the competitive environment refer to?
What does the competitive environment refer to?
When a company can produce a superior product at a lower price than its competitors, it has a:
When a company can produce a superior product at a lower price than its competitors, it has a:
What is the primary purpose of a business model?
What is the primary purpose of a business model?
Which element of a business model focuses on how a company's product meets customer needs?
Which element of a business model focuses on how a company's product meets customer needs?
In which revenue model does a company charge a subscription fee for access to its offerings?
In which revenue model does a company charge a subscription fee for access to its offerings?
How does an advertising revenue model generate revenue for a company?
How does an advertising revenue model generate revenue for a company?
What is the primary focus of a revenue model?
What is the primary focus of a revenue model?
How is a business model different from a business strategy?
How is a business model different from a business strategy?
What is the primary advantage of being a first mover in a market?
What is the primary advantage of being a first mover in a market?
Which of the following is an example of an unfair competitive advantage?
Which of the following is an example of an unfair competitive advantage?
What is the primary purpose of a market strategy?
What is the primary purpose of a market strategy?
What does organizational development refer to in the context of a business?
What does organizational development refer to in the context of a business?
What is the primary role of the management team in a business model?
What is the primary role of the management team in a business model?
