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For the Past 20 Years, Perry Has Been an Owner

question 179

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For the past 20 years, Perry has been an owner of several Coldwell Banker Real Estate franchises. To increase business Perry spends a great deal of money marketing and advertising his businesses online. Perry decides he would like to move beyond just marketing and create an actual ebusiness that acts like a search engine but only focuses on the real estate industry. The main revenue source for this Perry's ebusiness will be a charge of $50 a month for each property that is listed on the website. What is the primary revenue model for Perry's new business?


Definitions:

Plant Assets

Long-term tangible assets used in the production of goods or services, typically including buildings, machinery, and equipment.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or the normal operating cycle, whichever is longer.

Intangible

Assets that lack physical substance but are identifiable and provide economic benefits, such as patents and trademarks.

Copyright

A form of intellectual property protection that grants the creator exclusive rights to use, distribute, and replicate their original work.

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