BUSINESS MODELS

BUSINESS MODELS

Assessment

Flashcard

Business

University

Hard

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15 questions

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1.

FLASHCARD QUESTION

Front

Here the highest involvement of the customer with the business the more pay they give and the more loyal they became.

Back

High Touch

2.

FLASHCARD QUESTION

Front

This is a commission-based business model where companies make profit by promoting a partner's product and convince its followers and users to buy the same.

Back

Affiliate Marketing

3.

FLASHCARD QUESTION

Front

In this model, the goods are later distributed to wholesalers and retailers who then sell them directly to consumers.

Back

Manufacturer

4.

FLASHCARD QUESTION

Front

A __________ provides access to his business' proprietary knowledge, processes, business system and a brand's trademark or trade name.

Back

franchisor

5.

FLASHCARD QUESTION

Front

This model provides the advantage of flexibility because it can show its products to customers who live where physical stores are not present.

Back

Bricks-and-Clicks

6.

FLASHCARD QUESTION

Front

This model aims to put up a business more for creating a positive change but with profit.

Back

Social Enterprise

7.

FLASHCARD QUESTION

Front

In this model, they normally do not produce their own products/items. They purchase goods to sell those in small quantities to end consumers.

Back

Retailer

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