Question 1

Which element of the business model relates to the power of customers and suppliers with respect to a business?

Accepted Answer

A)   value proposition
B)   competitive environment
C)   competitive advantage
D)   market strategyE) A) and B)
F) A) and C)

Question 2

The business model of e-tailers is quite similar to that of:

Accepted Answer

A)   e-distributors.
B)   transaction brokers.
C)   exchanges.
D)   service providers.E) All of the above
F) B) and D)

Question 3

All firms need an organization to efficiently implement their business plans and strategies.

Accepted Answer

A) True 
 B)False

Question 4

An example of a company using the content provider model is:

Accepted Answer

A)   Priceline.
B)   Rhapsody.
C)   Dell.
D)   eBay.E) None of the above
F) All of the above

Question 5

Which of the following involves a company giving away a certain level of product or services without charge, but then charging a fee for premium levels of the product or service?

Accepted Answer

A)   advertising revenue model
B)   subscription revenue model
C)   freemium strategy
D)   transaction fee revenue modelE) All of the above
F) A) and B)

Question 6

First movers are always more successful than follower firms.

Accepted Answer

A) True 
 B)False

Exam 2: E-Commerce Business Models and Concepts

Which element of the business model relates to the power of customers and suppliers with respect to a business?

Correct Answer
verified

An example of a company using the content provider model is:

Correct Answer
verified

All firms need an organization to efficiently implement their business plans and strategies.

Correct Answer
verified

First movers are always more successful than follower firms.

Correct Answer
verified

Which of the following involves a company giving away a certain level of product or services without charge, but then charging a fee for premium levels of the product or service?

Correct Answer
verified

The business model of e-tailers is quite similar to that of:

Correct Answer
verified

Exam 2: E-Commerce Business Models and Concepts

Which element of the business model relates to the power of customers and suppliers with respect to a business?

Correct AnswerverifiedShow Answer

An example of a company using the content provider model is:

Correct AnswerverifiedShow Answer

All firms need an organization to efficiently implement their business plans and strategies.

Correct AnswerverifiedShow Answer

First movers are always more successful than follower firms.

Correct AnswerverifiedShow Answer

Which of the following involves a company giving away a certain level of product or services without charge, but then charging a fee for premium levels of the product or service?

Correct AnswerverifiedShow Answer

The business model of e-tailers is quite similar to that of:

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified