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Worksheets

Types of Business Models

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Which business model involves converting raw materials into products and selling to distributors, retailers or directly to consumers.

a)

Retailer model

b)

Manufacturer model

c)

Fee-for-service model

d)

Subscription model

2.

In the fee-for-service model, how does a business earn revenue?

a)

By selling products at a markup

b)

By charging a set fee for a specific service

c)

By leasing equipment

d)

By offering free trials

3.

Which of the following businesses is most likely to use a fee-for-service model?

a)

A clothing store

b)

Hair stylists

c)

A toy manufacturer

d)

A book publisher

4.

Which business model makes up many of the businesses you shop at day to day, like grocery stores.

a)

Retailer model

b)

Manufacturer model

c)

Fee-for-service model

d)

Direct sales model

5.

Which business model sells one product at a low price in order to increase sales of a complementary good.

a)

Leasing Model

b)

Distribution Model

c)

Freemium model

d)

Razor Blades Model

6.

Which business model involves customers making a recurring payment for ongoing access to a service or product.

a)

Leasing Model

b)

Distribution Model

c)

Freemium model

d)

Subscription Model

7.

Which business model involves selling two or more products together a lower price than they would would be separately.

a)

Bundling Model

b)

Distribution Model

c)

Freemium model

d)

Subscription Model

8.

Which business model would a bike rental companies use to charge a per-mile fee each time a customers rides a bike.

a)

Bundling Model

b)

Product-as-a-Service Model

c)

Freemium model

d)

Subscription Model

9.

Which business model example is to rent machinery like backhoes, augers and dozers to individuals for their home construction projects.

a)

Bundling Model

b)

Product-as-a-Service Model

c)

Leasing Model

d)

Subscription Model

10.

Which business model allows customers to use parts of a product or service for free but must pay for access to more advanced features.

a)

Bundling Model

b)

Product-as-a-Service Model

c)

Leasing Model

d)

Freemium model

11.

Domino’s and Ace Hardware are all examples of this type of business model?

a)

Franchise Model

b)

Product-as-a-Service Model

c)

Leasing Model

d)

Subscription Model

12.

This type of business model allows an individual purchases and reproduce an established business in return for a percentage of the profits.

a)

Franchise Model

b)

Product-as-a-Service Model

c)

Leasing Model

d)

Subscription Model

13.

A chain of beauty salons that buys supplies in bulk and sells some of them to other salons is using a ___________ business model.

a)

Distribution

b)

Product-as-a-Service

c)

Leasing

d)

Subscription

14.

With this type of business model, profits are made when space in a magazine is sold or when a customer buys a product or service that is recommended.

a)

Advertising or Affiliate Marketing Model

b)

Freemium Model

c)

Franchise Model

d)

Leasing Model

15.

A fashion blogger who sells ads on their podcast or website uses which type of business model.

a)

Advertising or Affiliate Marketing Model

b)

Freemium Model

c)

Franchise Model

d)

Leasing Model