Week 4 - API's

Question 1

What is an API?

Answer 1

API’s are powerful and versatile means to connect diverse and disparate software applications

Question 2

List the four types of APIs

Answer 2

1. Public
2. Partner
3. Internal
4. Composite

Question 3

What are Public APIs

Answer 3

open and available to use by anyone

Question 4

List the ways to monetise APIs

Answer 4

1. Freemium
2. Pay-as-you-go
3. Subscription-based
4. Rate Limiting
5. Per-method pricing

Question 5

What is a Partner API?

Answer 5

an API, only available to specifically selected and authorized outside developers or API consumers, is a means to facilitate business-to-business activities.