Which of the Following Statements About Foursquare Is Not True

question 54

Multiple Choice

Which of the following statements about Foursquare is not True?

• A) Foursquare combines a social network business model with location-based technology.
• B) Foursquare began operating without a revenue model.
• C) Foursquare's business model faces significant intellectual property concerns.
• D) Foursquare has been able to command a high valuation from venture capital investors despite unimpressive revenue and profits.

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Definitions:

Right Price

The optimum price point for a product or service where it meets the customer's value perception and the company's profitability goals.

Reasonable Price

A price that is fair and appropriate for the value of the goods or services being provided, often considered from the perspective of the average consumer.

Lawn Mowers

Machines or devices equipped with revolving blades or a blade that cuts a lawn at a consistent height.

Television Advertising

The use of TV commercials to promote products, services, or ideas to a broad audience, leveraging the medium's visual and audio capabilities.