EEL207-1

Business Model refers to the plan of the company to earn ..........................

• Profits

• Losses

• Customers

• Competitors

Can a company change its business model as per the changing surrounding market?

• Yes

• No

Every Company has a unique model, it can also be a combination of two or more models.

• True

• False

Reny has a restuarant, she notices one day that people prefer eating at home in comfort than in a restaurant. She introduces an app that can be used to place orders and the order can then be delivered. Did she add a new business model?

• Yes

• No

• Maybe

Romi is a cloth shop owner, people come to his shop and buy clothes. He is having a ........................................................................... Business Model.

• Brick and Mortar Store

• B2B Model

• A2B Model

• B2E Model

Tom is a factory owner he makes nails that are used in furniture. These nails are sold to carpenters who make furniture. This is an example of ?

• B2B Model

• Brick and Mortar store

• B2N Model

• C2C Model

George is a toy shop owner, he noticed that people are buying from online stores. He is making loss. He decides to launch an app as well to sell his toys online. Can this be called changing models as per changing trends?

• Yes

• No

You buy a car from AUDI. AUDI assembles the car parts from different companies and then sells. Which model is this ?

• Yes, B2B

• No, B2B

• Yes, B2C

• No, Brick and mortar