MyhoursCom Offers a Free Individual Time Reporting System

question 51

Multiple Choice

Myhours.com offers a free individual time reporting system.However, it charges for additional users and services.This is an example of which of the following revenue models:

• A)utility and usage revenue model
• B)professional revenue model
• C)freemium revenue model
• D)premium revenue model

---

Definitions:

Articles Of Incorporation

Legal documents filed with a governmental body to legally document the creation of a corporation, detailing key aspects such as name, purpose, and structure.

Bylaws

Written rules and regulations adopted by an organization or community to govern its actions and ensure structured management.

Corporate Assets

All tangible and intangible assets owned by a corporation, including cash, property, intellectual property, and goodwill, used in the operation of the business.

High-Level Managers

Executives and other top-tier management personnel responsible for making strategic decisions and overseeing the operations of a company or organization.