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Revenue Models in E-Commerce and Financial Services

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Revenue Models in E-Commerce and Financial Services

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Questions and Answers

What factors influence a firm's competitive environment?

Number of competitors, market share, profitability, pricing strategy (correct)

Amount of funding, CEO's experience, employee benefits, office location

Total revenue, number of employees, company age, customer satisfaction

Product quality, marketing budget, social media presence, research and development

In the software training market example, what is the size of the realistic market opportunity for the startup firm?

$100 billion

$10 billion

$70 billion

$6 billion (correct)

What makes a company an indirect competitor according to the text?

Offering different products in a similar industry (correct)

Selling identical products in the same market segment

Having a different business model

Being located in a different country

Which market segment dominates in the software training market according to the text?

Instructor-led training products Signup and view all the answers

Why can't the startup firm effectively compete in the large business online training market?

Dominance of large brand-name training firms Signup and view all the answers

What is the primary revenue model for eBay?

Receiving transaction fees from successful sellers Signup and view all the answers

Which of the following is an example of a sales revenue model?

Amazon, L.L.Bean, and Gap Signup and view all the answers

What is the primary revenue model for MyPoints?

Affiliate marketing and referral fees Signup and view all the answers

What is the primary revenue model for Dollar Shave Club?

Subscription-based model Signup and view all the answers

What is the term used to describe a company's intended marketspace and the overall potential financial opportunities available to the firm?

Market opportunity Signup and view all the answers