Worksheets1-7 Business Models Review
Total questions: 24
Worksheet time: 12mins
A business model is how a company sells its products to customers and it’s plan for making a __________.
expense
invention
profit
sales forecast
A manufacturer makes finished products from raw materials and is a type of:
business ownership
business model
business plan
franchise
Selling your product directly to your end customers without third-party retailers, wholesalers, or other middlemen is called:
Wholesaler
Bricks-and-clicks
Nickel-and-Dime
Direct to Consumer (D2C)
A distributor buys products from _______________ and resells them either to wholesalers, retailers or the public.
retailers
manufacturers
freemium
consumers
A _______________ buys products from a manufacturer, distributor, and/or wholesaler and sells directly to the consuming public.
retailer
middleman
blockchain
auction house
There are two types of retailers, Bricks-and-Mortar retailers and _____________ retailers.
Distributor
Wholesaler
Subscription
Online
E-Commerce is an electronic medium to facilitate the buying and selling of products and services by businesses and consumers, and can support this approach to business:
Business to Business (B2B)
Business to Consumer (B2C)
Consumer to Consumer (C2C)
All of these
McDonalds and Subway are examples of a ____________ business model.
E-Commerce
Multilevel Marketing
Franchise
Direct Sales
A local bank or hardware store are examples of a _____________ business model.
Bricks-and-Mortar
Bricks-and-Clicks
Wholesaler
Aggregator
Dollar Tree and low-cost air carriers are examples of the following business model:
Online Marketplace
Nickel-and-Dime
Agency
Affiliate Marketing
A Freemium business model:
offers some services for free and charges for advertising space
is a non-profit and offers products for free
offers some basic services for free, and then charges money for certain additional features
offers products and services for free
Uber, Airbnb, and Hotels.com are examples of:
a Subscription
an Aggregator
Freemium
SaaS
An Online Marketplace allows sellers to compete for customers on one platform, and they collect a fee or commission per _____________.
visit
transaction
lead
click
A business model that charges a regularly scheduled fee, usually monthly or annually, for their products or services, is called:
Freemium
Aggregator
Subscription
SaaS
The Advertisement model is used by companies who:
offer their services for free and charge for advertising space
are non-profits and offer products for free
offer some basic services for free, and then charge money for certain additional features
offer products and services for free
Twitter is an example of a company that sells advertising for revenue, but also sells _______________ as another form of revenue:
storage
web sites
computers
data
Companies that sell services like advertising and digital marketing to other companies are using the ______________ business model.
Wholesaler
Nickel-and-Dime
Agency
Affiliate Marketing
Companies who use the Direct Sales business model sell their products directly to the consumer in a ______________ environment.
retail
non-retail
auction
affiliate marketing
The Multilevel Marketing (MLM) business model makes money in two ways; the two ways are:
commissions from their own sales and commissions from sales made by their recruited distributors
retail sales and commissions from sales made by their recruited distributors
commissions from their own sales and freemium
non-retail sales and manufacturing profits
The Affiliate Marketing model makes money from:
Pay-Per-Click (PPC)
Pay-Per-Lead (PPL)
Pay-Per-Sale (PPS)
all of these
SaaS stands for Software as a ____________:
Syndicate
Solution
Sound
Service
eBay is a form of:
a manufacturer
a franchise
an auction
an agency
Kickstarter and GoFundMe are forms of:
Crowdsourcing
Crowdfunding
Freemium
an Aggregator
A furniture factory makes its products from wood and other raw materials. It is called a:
Retailer
Manufacturer
Distributor
Aggregator
