Let’s Get Quizzical

Quiz
•
Business
•
11th Grade
•
Medium
Karma Lhamo
Used 1+ times
FREE Resource
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In which business model does the primary transaction occur digitally, facilitating the exchange of goods or services without physical presence, often involving platforms like Amazon?
freemium
e-commerce
blockchain
subscription
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which business model is defined by decentralized transaction verification and record-keeping across multiple computers, ensuring security and transparency, as exemplified by cryptocurrencies?
e-commerce
subscription
franchise
blockchain
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In what type of business model does a company partner with various providers to collect and sell their services or products under its own brand, effectively serving as an intermediary without owning the actual products?
subscription
aggregator
crowdsourcing
e-commerce
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which business model grants individuals or entities the right to operate under a well-established brand while utilizing its proprietary knowledge and processes, thereby facilitating local entrepreneurship?
freemium
franchise
aggregator
subscription
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In which business model do consumers initially receive limited access to services at no cost, with the expectation that they will later opt for premium features that require payment, thus creating a dual-tiered revenue system?
freemium
franchise
crowdsourcing
subscription
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which business model relies on the strategic mobilization of a broad user community to innovate and generate value through shared contributions, as demonstrated by initiatives like Lay’s "Do Us a Flavor"?
Blockchain
Subscription
Crowdsourcing
E-Commerce
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following business models is characterized by customers paying a recurring fee for continuous access to goods or services, rather than making one-time purchases?
Aggregator
E-Commerce
Subscription
Crowdsourcing
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