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Understanding Business Models

Authored by ephraim lamanilao

Social Studies

12th Grade

Used 4+ times

Understanding Business Models
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a business model?

A document outlining a company's financial goals

A plan for marketing and advertising a product

A framework that describes how a company creates, delivers, and captures value

A strategy for managing a company's employees

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a key component of a business model?

Value proposition

Target market

Revenue streams

Marketing budget

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the value proposition of a business model define?

The specific group of customers a business aims to serve

The benefits and value a product or service offers

How a company makes money from its products or services

The unique characteristics of a company's brand

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business model involves transactions between businesses?

B2B model

B2C model

Subscription model

Freemium model

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business model involves transactions between businesses and individual consumers?

B2B model

B2C model

Subscription model

Freemium model

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business model requires customers to pay a recurring fee to access a product or service?

B2B model

B2C model

Subscription model

Freemium model

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business model offers basic services for free while charging for premium features?

B2B model

B2C model

Subscription model

Freemium model

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