TOPIC 5 Flashcards

(21 cards)

1
Q

Different kinds of business models

A
  • Brick and mortar model
  • e-commerce model
  • franchise model
  • subscription model
  • ## Freemium model
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2
Q

This traditional model operates from a physical location, relying on face-to-face interaction and in-person transactions.

examples: 7/11, jollibee

A
  • Brick and mortar model
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3
Q

This model involves selling goods or services online, eliminating the need for a physical storefront for customer transactions.

A

e-commerce model

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4
Q

A business model where a franchisor grants a franchisee the right to use its brand and systems in exchange for a fee.

A

franchise model

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5
Q

In this model, customers pay a recurring fee for continuous access to a product or service.

A

subscription model

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6
Q

This hybrid model offers a basic version of a product or service for free, with the option to pay for a premium version with more features.

A
  • Freemium model
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7
Q

4 TYPES OF DIFFERENT BUSINESS MODEL

A
  1. Business-to-Business
    (B2B)
  2. Business-to-Consumer (B2C)
  3. Consumer-to-Consumer
    (C2C)
  4. Consumer-to-Business
    (C2B)
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8
Q

A business sells products or services to other businesses.

A

Business-to-Business
(B2B)

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8
Q

Individuals sell to each other, often through a platform like eBay or an online marketplace.

A

Consumer-to-Consumer
(C2C)

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9
Q

A business sells products or services directly to individual consumers.

A

Business-to-Consumer (B2C)

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9
Q

Individuals offer products or services to businesses.

A

Consumer-to-Business
(C2B)

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10
Q

types of bsuiness model

A
  1. Service-Based Model
  2. Product-Based Model
  3. Subscription Model
  4. Marketplace Model
  5. Freemium Model
  6. Franchise Model
  7. Manufacturing Model
  8. Consulting/Expertise Model
  9. Research and Development (R&D) Model
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11
Q

The business earns by providing services instead of selling physical products.

Examples salons, cleaning services, or ride-hailing apps like Grab.

A

Service-Based Model

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12
Q

The company makes money by selling physical goods

Examples grocery stores, clothing brands

A

Product-Based Model

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13
Q

Customers pay regularly—monthly or yearly—to access a product or service.

Examples Netflix, Spotify,

A

Subscription Model

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14
Q

The business connects buyers and sellers and earns through commissions or fees.

Examples Shopee, Airbnb, and Lazada

A

Marketplace Model

15
Q

Basic services are free, but users pay for premium features.

Examples Canva and LinkedIn

A

Freemium Model

16
Q

A business allows others to use its brand and system in exchange for fees.

Examples Jollibee and McDonald’s

A

Franchise Model

16
Q

The business earns by offering expert advice, training, or specialized knowledge.

Examples Law firms, business consultants

A

Consulting/Expertise Model

17
Q

The company produces goods, often in bulk, and sells them to distributors or retailers.

Examples San Miguel and Nestlé.

A

Manufacturing Model

18
Q

The company focuses on innovation and earns through patents, licensing, or advanced technology.

Examples Pharmaceutical companies and tech firms like Intel use this model.

A

Research and Development (R&D) Model