Chapter 3 quiz

In which business model does the primary transaction occur digitally, facilitating the exchange of goods or services without physical presence, often involving platforms like Amazon?

• freemium

• e-commerce

• blockchain

• subscription

Which business model is defined by decentralized transaction verification and record-keeping across multiple computers, ensuring security and transparency, as exemplified by cryptocurrencies?

• E-Commerce

• Subscription

• Franchise

• Blockchain

In what type of business model does a company partner with various providers to collect and sell their services or products under its own brand, effectively serving as an intermediary without owning the actual products?

• Subscription

• Aggregator

• Crowdsourcing

• E-Commerce

. Which business model grants individuals or entities the right to operate under a well-established brand while utilizing its proprietary knowledge and processes, thereby facilitating local entrepreneurship?

• Freemium

• Blockchain

• E-Commerce

• Franchise

In which business model do consumers initially receive limited access to services at no cost, with the expectation that they will later opt for premium features that require payment, thus creating a dual-tiered revenue system?

• Freemium

• Franchise

• Aggregator

• Subscription

Which business model relies on the strategic mobilization of a broad user community to innovate and generate value through shared contributions, as demonstrated by initiatives like Lay’s "Do Us a Flavor"?

• Crowdsourcing

• Subscription

• Blockchain

• E-Commerce

Which of the following business models is characterized by customers paying a recurring fee for continuous access to goods or services, rather than making one-time purchases?

• Aggregator

• Subscription

• Crowdsourcing

• E-Commerce