6. Business and Production

Business Models — Quiz

Test your understanding of business models with 5 practice questions.

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Practice Questions

Question 1

Which pricing model charges customers both a fixed access fee and a variable usage fee based on consumption?

Question 2

A digital platform connects industrial suppliers with buyers and takes a 5% commission on each transaction value. Which revenue model does this exemplify?

Question 3

Which go-to-market strategy focuses on generating customer demand so that intermediaries actively seek out the product?

Question 4

Which distribution channel involves partnering with independent third-party companies to market, sell, and provide support for industrial products?

Question 5

In a TAM–SAM–SOM analysis for market sizing, what does SOM represent?