Techno_7 Business Models Flashcards

1
Q

It explains how a company creates, delivers, and captures value.

A

Business Model

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2
Q

It describes how a business operates, generates revenue, and sustains itself.

A

Business Model

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3
Q

Sells physical or digital products for a one-time or recurring fee.

A

Product-Based Model

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4
Q

Offers expertise or professional services.

A

Service-Based Model

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5
Q

Customers pay a recurring fee for ongoing access to a product or service

A

Subscription-Based Model

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6
Q

Connects buyers and sellers, earning revenue through commissions.

A

Marketplace Model

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7
Q

Offers a free basic version with optional premium upgrades.

A

Freemium Model

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8
Q

Provides free content/services while generating revenue from advertisers

A

Advertising Model

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9
Q

Selling the rights to use technology, patents, or brand names.

A

Licensing Model

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10
Q

Allowing others to open branded businesses for a fee.

A

Franchising Model

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11
Q

A mix of multiple business models to maximize revenue.

A

Hydbrid Model

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