Examlex

Solved

MyhoursCom Offers a Free Individual Time Reporting System

question 4

Multiple Choice

Myhours.com offers a free individual time reporting system.However,it charges for additional users and services.This is an example of what revenue model?


Definitions:

Test Marketing

Introduces a new product or service to a limited geographic area (usually a few cities) prior to a national launch.

Modify Existing Products

The process of making alterations or improvements to current products to meet new requirements or take advantage of new market opportunities.

New-to-the-world Products

Innovations that create an entirely new market by being the first of their kind.

Late Majority

The last group of buyers to enter a new product market; when they do, the product has achieved its full market potential.

Related Questions