
BUSINESS MODELS
Flashcard
•
Business
•
University
•
Practice Problem
•
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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