Businesses Take a Variety of Approaches to Generating Revenue on the Web

question 113

Multiple Choice

Businesses take a variety of approaches to generating revenue on the Web. These approaches include the use of online sales of ____, subscriptions, and direct fees.

• A) goods
• B) services
• C) both a. and b.
• D) neither a. nor b.

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Definitions:

Costs of Goods Sold

The out-of-pocket costs associated with the production of a company's sold goods, encompassing labor and materials.

Operating Expenses

The costs associated with running the day-to-day operations of a business.

Freemium Program

A commercial strategy where fundamental services are offered at no cost, but premium functionalities require payment.

Internet-Based Software

Applications and programs that run on the internet or cloud, accessible through web browsers.