wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

1-7 Business Model Types Review Business U

Total questions: 28

Worksheet time: 17mins

Name
Class
Date
1.

Which business model is described as: 'A business model used by companies who provide their services for free, and sell advertising space to fund their businesses.'?

a)

Advertisement model

b)

Subscription model

c)

Freemium model

d)

Franchise model

2.

Which business model is described as: 'A popular e-commerce relationship where an online merchant agrees to pay an affiliate (promoter) in exchange for providing an advertisement and link to the merchant's site. Examples include Pay-Per-Click (PPC), Pay-Per-Lead (PPL), and Pay-Per-Sale (PPS).'

a)

Affiliate Marketing model

b)

Subscription model

c)

Freemium model

d)

Direct Sales model

3.

Which business model is described as: 'A business model where the company earns a fee for handling certain business activities for other companies, like advertising and digital marketing, and various other services.'?

a)

Agency model

b)

Subscription model

c)

Freemium model

d)

Marketplace model

4.

Which business model is described as: 'A business model that collects (aggregates) information on goods and/or services from competing sources, and collects a fee or commission per transaction for selling the aggregated products through its own platform.'?

a)

Aggregator model

b)

Franchise model

c)

Subscription model

d)

Freemium model

5.

Which business model is described as: 'A business model where the auction house takes a commission for facilitating the buying and selling of goods or services by taking bids and then selling the item to the highest bidder.'?

a)

Auction model

b)

Subscription model

c)

Freemium model

d)

Franchise model

6.

Which business model is described as: 'An unchangeable, decentralized, digital ledger. It is a digital database that no one owns but anyone can contribute to. Blockchain based models aren't owned or monitored by a single entity. Instead, they work on peer-to-peer interactions and record everything on a digital decentralized ledger.'?

a)

Blockchain

b)

Franchise

c)

Subscription

d)

Aggregator

7.

Which business model is described as: 'A business model that companies use to provide a way for their customers to buy products at their bricks-and-mortar stores and also online.'?

a)

Bricks-and-Clicks model

b)

Direct Sales model

c)

Franchise model

d)

Subscription model

8.

Which business model is described as: 'A business model with traditional physical street-side locations, like a local bank or hardware store.'?

a)

Bricks-and-Mortar model

b)

Click-and-Mortar model

c)

Subscription model

d)

Freemium model

9.

What is a business model?

4 lines
10.

Which business model is described as: 'Crowdfunding collects small amounts of capital from a large number of individuals to finance a new business venture or various other needs or projects.'?

a)

Crowdfunding model

b)

Franchise model

c)

Subscription model

d)

Freemium model

11.

What is the business model called where the practice of obtaining needed services, ideas, or content is done by soliciting contributions from a large group of people, especially from the online community?

a)

Crowdsourcing model

b)

Franchising model

c)

Subscription model

d)

Direct sales model

12.

What is the business model where companies sell or license the data they collect as a form of revenue?

a)

Data Licensing / Data Selling model

b)

Freemium model

c)

Subscription model

d)

Crowdsourcing model

13.

What is the business model whereby you sell your product directly to your customers, the end user, without third-party retailers, wholesalers, or other middlemen?

a)

Direct to Consumer (D2C)

b)

Business to Business (B2B)

c)

Franchise Model

d)

Wholesale Distribution

14.

What is the business model where the company sells products directly to the consumer in a non-retail environment?

a)

Direct Sales model

b)

Franchise model

c)

Retail model

d)

Subscription model

15.

What is the business model where the distributor buys products from manufacturers and resells them either to wholesalers, retailers or the public?

a)

Distributor model

b)

Subscription model

c)

Freemium model

d)

Aggregator model

16.

What is the business model where the merchant sells products from its web store but doesn’t keep an inventory or handle the fulfillment and shipping of the product, instead purchasing the product from a third party as soon as the customer makes a purchase?

a)

Dropshipping model

b)

Franchise model

c)

Subscription box model

d)

Wholesale model

17.

What is the business model that uses an electronic medium (i.e. a web site/store) to facilitate the buying and selling of products and services by businesses and consumers?

a)

E-Commerce model

b)

Franchise model

c)

Brick-and-mortar model

d)

Subscription model

18.

What is the business model that allows a person or small business, called the 'Franchisee', to start a business by legally using a (usually well established) company’s (Franchisor’s) brand, expertise, practices, and established business and operational systems and processes?

a)

Franchise model

b)

Partnership model

c)

Direct sales model

d)

Joint venture model

19.

What is the business model where a company offers some basic services for free, and then charges money for certain additional features?

a)

Freemium model

b)

Subscription model

c)

Pay-per-use model

d)

Wholesale model

20.

What is the business model where a manufacturer makes finished products from raw materials?

a)

Manufacturer model

b)

Retailer model

c)

Franchise model

d)

Subscription model

21.

What is the business model where individuals make commissions selling goods and services directly, and also make commissions from sales made by their network of recruited distributors?

a)

Multilevel Marketing (MLM)

b)

Franchise Ownership

c)

Direct Retailing

d)

Crowdfunding

22.

What is the business model that provides low price points for the cost-sensitive consumer, also often called Low Cost Providers?

a)

Nickel-and-Dime model

b)

Freemium model

c)

Subscription model

d)

Pay-as-you-go model

23.

Which business model is described as: 'A business model that collects a fee or commission per transaction for enabling suppliers to compete against each other for customers on one platform.'?

a)

Peer 2 Peer model

b)

Online Marketplace model

c)

Retailer model

d)

SaaS model

24.

Which business model is described as: 'A peer-to-peer (P2P) service is a decentralized platform whereby two individuals interact directly with each other, without intermediation by a third-party.'?

a)

Retailer model

b)

SaaS model

c)

Peer 2 Peer model

d)

Wholesaler model

25.

Which business model is described as: 'A business model where the retailer buys products from a distributor or wholesaler and sells directly to the consuming public, in either a bricks-and-mortar store or online store.'?

a)

Retailer model

b)

Subscription model

c)

Online Marketplace model

d)

Peer 2 Peer model

26.

Which business model is described as: 'A business model that sells Software as a Service.'?

a)

Wholesaler model

b)

SaaS model

c)

Retailer model

d)

Subscription model

27.

Which business model is described as: 'A business model that charges a regularly scheduled fee, usually monthly or annually, for their products or services.'?

a)

Subscription model

b)

Peer 2 Peer model

c)

Retailer model

d)

SaaS model

28.

Which business model is described as: 'A business model where the wholesaler buys large quantities of products from manufacturers or distributors, warehouses or stores them, and then resells them to retailers.'?

a)

Wholesaler model

b)

Online Marketplace model

c)

SaaS model

d)

Retailer model