Unit 1 - Business Management - Types of Business Models - 2.5

A Business model is...

• the legal structure used by the business

• the location choice of the business

• the way the business will run its operations to generate profit

• the choice of finance options used by the business

Freemium, brokerage and merchant business are all using the business model.....

• bricks and mortar

• social enterprise

• franchise

• online presence

A business who sells large volume of goods to retailers is operating which model?

• online

• wholesale

• franchise

• Bricks and mortar

A business that produces physical products often in a factory is operating which business model?

• franchise

• bricks and mortar

• manufacturing

• online

The most traditional form of Business Model is?

• online

• wholesale

• bricks and mortar

• franchise

If your business model has a physical presence and is visible to customers then you are which common model?

• franchise

• bricks and mortar

• online

• manufacturing

If your business model includes retail, manufacturing and wholesale then you are which model?

• online

• import

• social enterprise

• bricks and mortar

The business model that offers physical shopping and online shopping is?

• bricks and mortar

• bricks and clicks

• online

• social enterprise

A business model that is aimed at improving the wellbeing of others through its business activities is...

• a franchise

• a bricks and mortar shop

• a social enterprise

• an online business

When you are granted the rights to use the business name and distribute its goods or services is called a

• company

• sole proprietor

• partnership

• franchise