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Intro. to Business 2023 Unit 2 Review

Authored by Eric Swanson

Other

12th Grade

Used 21+ times

Intro. to Business 2023 Unit 2 Review
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22 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business model provides low price points for the cost-sensitive consumer, also often called Low Cost Providers.

Direct to Consumer (D2C)

Freemium model

Subscription model

Nickel-and-Dime model

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business model used by companies who provide their services for free, and sell advertising space to fund their businesses.

Franchise model

Advertising Model

Bricks-and-Clicks model

E-Commerce model

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business model where the company sells products directly to the consumer in a non-retail environment.

Direct Sales model

Aggregator model

Multi Level Marketing (MLM)

E-Commerce model

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business model that companies use to provide a way for their customers to buy products at their bricks-and-mortar stores and also online.

E-Commerce model

Bricks-and-Clicks model

Bricks-and-Mortar model

Retailer model

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This business model makes finished products from raw materials.

Franchise model

Bricks-and-Mortar model

Bricks-and-Clicks model

Manufacturer model

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business model where individuals make commissions selling goods and services directly, and also make commissions from sales made by their network of recruited distributors.

Subscription model

Multi Level Marketing (MLM)

Nickel-and-Dime model

Freemium model

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business model where the retailer buys products from manufacturers, distributors, and/or wholesalers and sells directly to the consuming public.

Retailer model

Advertising Model

Subscription model

Franchise model

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