Business Models

What is a business model?

• A company's logo

• A plan for how a company creates, delivers, and captures value

• The physical location of a business

• The CEO's favorite strategy

Which business model involves offering a basic product for free while charging for premium features?

• Subscription model

• Freemium model

• Direct sales model

• Franchise model

Which business model relies on selling the rights to use a brand and business process?

• Subscription model

• Joint venture model

• Crowdsourcing model

• Licensing model

What business model does Amazon primarily use?

• Subscription model

• Brick-and-mortar model

• Marketplace model

• Membership model

Airbnb's business model falls under which category?

• E-commerce model

• Subscription model

• Sharing economy model

• Advertising model

Which business model involves a company selling its products through independent individuals or businesses?

• Direct sales model

• Subscription model

• Crowdfunding model

• Franchise model

In which business model do multiple companies collaborate to create and deliver a product?

• Joint venture model

• Subscription model

• Direct sales model

• Retail model

What business model does Apple use for its App Store?

• Freemium model

• Subscription model

• Advertising model

• Platform model

Which business model involves customers financially supporting the development of a product or project?

• Direct sales model

• Crowdfunding model

• Subscription model

• Licensing model

What business model does Netflix use?

• E-commerce model

• Subscription model

• Marketplace model

• Franchise model