Business Quiz for Grade 3 Students

3. Limited time offer

1. Monthly payment

2. One-time purchase

1. Pay as you go 2. Flat rate 3. Freemium

Steady and predictable revenue

Unpredictable revenue

Higher upfront costs

Decreased customer loyalty

There are no benefits for either the business or the customer

The customer benefits, but not the business

Only the business benefits, not the customer

Both the business and the customer benefit from a subscription model.

Selling a house with a free pet

Selling a phone with a free case and screen protector

Selling a book with a free movie ticket

Selling a car with a free bicycle

It may limit consumer choice and flexibility.

It has no impact on consumer choice and flexibility.

It increases consumer choice and flexibility.

It is cost-effective for consumers.

Amazon

Microsoft

Google

Apple

One-time payment

Pay-as-you-go, Freemium, Tiered pricing, Usage-based pricing

Annual subscription

Unlimited access

Decreased customer loyalty

Predictable and recurring revenue stream

Limited customer reach

Unpredictable and one-time revenue

Apple

Comcast

Nike

McDonald's

It allows for easy comparison of different products or services.

It reduces the overall cost for customers.

It may limit customer choices and flexibility.

It increases customer choices and flexibility.