10 questions
A firm's ________ describes how a firm will produce a superior return on invested capital.
value proposition
revenue model
market strategy
competitive advantage
Organizations that typically provide an array of services to start-up companies along with a small amount of funding are referred to as:
angel investors
crowdfunders
incubators
venture capital investors
Which of the following is not a variation of the e-tailer business model?
bricks-and-clicks
virtual merchant
market creator
manufacturer-direct
The financial services, travel services, and job placement services industries typically use the ________ business model.
community provider
transaction broker
market creator
e-tailer
All of the following are examples of business-to-business (B2B) business models except:
e-distributors.
e-procurement.
exchanges.
portals.
Innovative entrepreneurs and their business firms that destroy existing business models are referred to as:
crowdfunders
venture capitalists
disruptors
angel investors
A ________ is a networked business ecosystem that coordinates a firm's suppliers, distributors, and delivery firms with its own production needs using an Internet-based supply chain management system.
value chain
value system
value web
business strategy
What is the primary revenue model for an e-distributor?
sales
transaction fee
advertising
subscription
In the ________ business model, a web-based business builds a digital environment in which buyers and sellers can meet, display products, search for products, and establish prices.
market creator
community provider
e-tailer
portal
In general, the key to becoming a successful content provider is to:
own the content being provided.
own the technology by which content is created, presented, and distributed.
provide online content for free.
provide other services as well as online content.