Revenue Streams
Quiz
•
Business
•
11th Grade
•
Practice Problem
•
Medium
Dan Cleavenger
Used 2+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a one-time purchase?
licensing a brand name.
A customer pays a fee for an additional feature.
A customer pays a single fee to buy a product or service.
A customer subscribes to a service for a year.
Answer explanation
A one-time purchase means a customer pays a single fee to buy a product or service outright, without ongoing payments or subscriptions, making this choice the correct definition.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which model allows customers to pay a recurring fee?
Subscriptions
Freemium Models
Licensing
One-Time Purchases
Answer explanation
The correct choice is 'Subscriptions' because this model allows customers to pay a recurring fee for ongoing access to a product or service, unlike one-time purchases or other models.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a freemium model offer?
only paid services.
A basic version for free with optional paid upgrades
A subscription plan with no free options
A refund for unsatisfied customers
Answer explanation
A freemium model provides a basic version of a product for free, allowing users to access essential features without payment, while offering optional paid upgrades for enhanced functionality.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which company is known for licensing its operating system to manufacturers?
Microsoft
Apple
Netflix
Amazon
Answer explanation
Microsoft is well-known for licensing its Windows operating system to various manufacturers, allowing them to pre-install it on their devices. This strategy has made Microsoft a dominant player in the OS market.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Google primarily earn revenue?
Subscription Fees
Freemium upgrades
Direct product sales
Through advertising
Answer explanation
Google primarily earns revenue through advertising, leveraging its vast user data to target ads effectively. This model allows businesses to reach potential customers, making it the main source of Google's income.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What trend involves more companies shifting to predictable revenue models?
Freemium Expansion
Digital & AI-Driven Revenue
Subscription Growth
Hybrid Monetization
Answer explanation
Subscription Growth is the trend where companies increasingly adopt predictable revenue models, allowing for stable income through recurring payments, unlike other models that may be less predictable.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What example signifies the freemium strategy in music streaming?
Spotify
Apple Music
YouTube
Netflix
Answer explanation
Spotify exemplifies the freemium strategy by offering a free tier with ads and a premium subscription without ads, allowing users to choose their experience while driving revenue through both models.
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