What Is the Difference Between a Business Model and an Ebusiness

question 366

Multiple Choice

What is the difference between a business model and an ebusiness model?

• A)A business model details how a company creates, delivers, and generates revenue; an ebusiness model does all of the same except on the Internet
• B)A business model and an ebusiness model are identical
• C)A business model and an ebusiness model are complete opposites
• D)An ebusiness model details how a company creates, delivers, and generates revenue; a business model does all the same except on the internet

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Definitions:

Antitrust Lawsuit

A legal action taken against parties alleged to have violated antitrust laws, aimed at promoting competition and preventing monopolies.

Resale Price Maintenance

A practice where a manufacturer and its distributors agree on the selling prices of the products to end customers.

Predatory Pricing

A strategy whereby a dominant company temporarily reduces prices to a level that is unprofitable for competitors in order to drive them out of the market.

Tying

A sales strategy where a seller requires buyers to purchase a secondary product or service together with the primary product.