Types Of Business Model Flashcards
1
Q
A person or company which makes finished products from raw materials to earn profit
A
Manufacturer
2
Q
Entity or company that produces products store and the sell them to the retailers
A
Distributors
3
Q
Person or business that purchases goods from wholesale and sell to small quantities
A
Retailer
4
Q
Method of distributing products or services involving a franchisor
A
Franchise
5
Q
Old fashioned streetside business that sells to its customer face to face
A
Brick and mortar
6
Q
A model where a company combines its online and the physical presence
A
Brick and clicks
7
Q
Directly sold to the customers
A
Direct sales
8
Q
Type of business operates on trust and credibility
A
High touch
9
Q
Owned and operated by a family
A
Family-owned
