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Entrepreneurship : Business Models

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is Uber's business model?

a)

Free products for users

b)

Money from advertising

c)

Commission from the fare paid to drivers

2.

Which of these are potential revenue sources for Amazon? (Select all that apply)

a)

Advertising on the platform

b)

Commissions from sellers

c)

Charging customers for delivery

d)

Charging customers for the app

3.

The business model of Flipkart (an e-commerce retailer like Amazon) is most similar to:

a)

Walmart

b)

Uber/Ola/Careem/Grab

c)

Movie theatres

d)

Restaurants

4.

Google earns revenue by selling advertising space when we search on Google.


Which of these is the most important thing for them to maximise?

a)

Number of Google searches

b)

Nice design

c)

Fast search results

d)

Ad-free search results

5.

Many businesses around the world use Paypal to collect money from their customers. Paypal keeps a commission on this payment.

Which of these companies have the same business model as Paypal? (Select all that apply)

a)

Uber / Ola

b)

Zomato

c)

PVR Movie Halls

d)

A furniture shop

6.

A business model is how the company (a)   money. (One word)

7.

Company X makes and sells printers and the ink cartridges used for printing. What is their business model?

a)

Sell printers at the highest possible price

b)

Sell printers cheap and then sell lots of refill cartridges

c)

Buy cheap printers from China and sell them at a higher price

8.

Why should entrepreneurs always be focused on making customers happy?

a)

So that the customers leave a good tip

b)

Happy customers help the business grow more quickly and sustainably

c)

Because unhappy customers will not pay

9.

Which of these metrics should an entrepreneur track in their business for financial good sense? (Select all that apply)

a)

Costs

b)

Number of employees

c)

Revenue

d)

Profits

10.

Which of these are important qualities in a business leader? (Select all that apply)

a)

Integrity

b)

Problem-Solving

c)

Resilience

d)

Confidence

e)

Cunning