ENTR 302: Chapter 10 - Developing Revenue Models

Front

Which best describes revenue?

Back

income gained from the sale of goods or services

Front

Which term describes how a venture will create, deliver, and capture value?

Back

business model

Front

A news station sells space on their website that links to other businesses. Every time a customer clicks on the links to visit these other businesses, the news station earns money. Which type of revenue model is this an example of?

Back

advertising

Front

Cylle installs a unique home entertainment center. He charges a flat fee of $1,200 for the system and the installation. What revenue model does Cylle employ?

Back

unit sales

Front

Which of the following is an example of a broker working within the intermediation revenue model? a store owner who makes money when persuading a customer to buy one of their products, a real estate agent who earns money when connecting homebuyers with someone selling their home, a lawyer who makes money when providing legal advice to their clients, a hotel owner who makes money when a tourist books a room at their hotel through their website

Back

a real estate agent who earns money when connecting homebuyers with someone selling their home

Front

Which revenue model involves someone giving permission to other parties to use their protected intellectual property in exchange for fees?

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licensing

Front

Websites like Google earn money through a cost-per-click model, in which they charge businesses money every time a user clicks on a link to the business’s website. Which revenue model is this an example of?

Back

advertising

Front

Which revenue model charges customers fees based on how often goods or services are consumed?

Back

utility and usage

Front

Conducting a break-even analysis can help you set prices.

Back

True

Front

Depreciation can be thought of as the ______.

Back

cost of wear and tear on physical assets