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Business Models

Authored by Lydia Burns

Business

10th Grade

Used 10+ times

Business Models
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Business Model?

A set of planned activities designed to result in profit

A plan for personal financial growth

A document describing a firm's business activities

A strategy for investing in the stock market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a Business Plan describe?

The company's marketing strategy

The company's organizational structure

The company's profit in the last fiscal year

A firm's business model

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the aim of an E-commerce Business Model?

To increase physical store locations

To decrease operational costs

To use and leverage the unique qualities of the Internet

To eliminate the use of digital marketing

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a Value Proposition define?

The company's investment in technology

The company's stock value

How a company's products or services fulfill customer needs

The company's revenue in the digital market

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a Revenue Model describe?

The firm's employee salary structure

How the firm will earn revenue and produce profits

The firm's cost-cutting measures

The firm's investment strategy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Market Opportunity?

An increase in market demand for a specific product

A new technology in the market

A company's intended marketspace and potential financial opportunities

A decrease in market competition

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Marketspace?

A physical market location

A business strategy

A financial market

Virtual selling space on the Internet where a business sells its products

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