Type Of Modern Business Model

Question 1

Make use of the lowest price stragedy with hidden charges

Answer 1

Nickel and dime

Question 2

Model is a combination of free and paid services

Answer 2

Freemium

Question 3

Buying and selling of goods or services creating a webstore using the internet

Answer 3

E-commerce

Question 4

Offers a long-term contract to customers by paying

Answer 4

Subscription

Question 5

Company acts middleman between two individual

Answer 5

Aggregator

Question 6

Collection of different sellers into one platform

Answer 6

Online marketplace

Question 7

Offer services for free and earn revenue from ads

Answer 7

Hidden revenue

Question 8

Data is a major element in the web technology where company need information

Answer 8

Data licensing or data selling

Question 9

Has specialization in doing non core business activities such as advertising digital marketing

Answer 9

Agency based

Question 10

Commission based model make profit by promoting a partners product

Answer 10

Affiliate marketing

Question 11

Deliver the products directly to the customers

Answer 11

Dropshipping

Question 12

Multi level marketing where participants and income through selling and recruitment

Answer 12

Network marketing

Question 13

Solicits intellectual information of users

Answer 13

Crowdsourcing

Question 14

Digital ledger that is a reversible and decentralized

Answer 14

Blockchain

Question 15

Company focused on improving technology

Answer 15

Low touch

Question 16

One item is sold at low price

Answer 16

Razor and blade

Question 17

Composed of experience professionals

Answer 17

Consulting

Question 18

Put up business more for creating a positive charge but with a profit

Answer 18

Social enterprise