What Revenue Model Involves Charging Customers to Gain Continuous Access

question 15

Multiple Choice

What revenue model involves charging customers to gain continuous access to a product or service?

• A)licensing revenue model
• B)franchising revenue model
• C)revolving revenue model
• D)subscription revenue model

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Definitions:

Degree of Competition

The intensity of competitive actions among companies within an industry, influenced by the number of competitors, product differentiation, and market entry barriers.

Imported Products

Merchandise or services transported into a country from elsewhere for the intention of trade or application.

Detailed Insights

involves in-depth analysis and comprehensive understanding of specific data, trends, or phenomena.

Herfindahl Index

A tool for measuring business sizes within their respective sectors, providing insight into the competitive landscape.