What Is the Difference Between Standard Business Models and Disruptive

question 35

Essay

What is the difference between standard business models and disruptive business models? Include examples of both in your answer.

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Definitions:

Exclusive Right

A privilege or entitlement granted to an individual or entity to be the sole provider or beneficiary of a specific service, product, or activity.

Real Estate Broker

A licensed individual or firm that acts as an intermediary between sellers and buyers of real estate, assisting in the negotiation and sale process.

Commission

A fee paid to an agent or employee for transacting a piece of business or performing a service, often calculated as a percentage of sales.

Recording Statutes

Laws that govern the recording of documents (such as deeds or mortgages) to provide notice of their content and to establish legal priority.