In the Freemium Business Model,the

question 57

Multiple Choice

In the freemium business model,the

• A) initial product is sold at a premium price and the complementary goods are given free.
• B) users are free to pay for the services in advance or after using the services.
• C) users are not charged for the basic features of a product or service, but the user must pay for premium advanced features or add-ons.
• D) users pay for access to a product or service whether they use it during the payment term or not.

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Definitions:

Administrative Proceeding

A legal process conducted by a government agency to enforce its legal authority over certain matters.

Professional License

A certification granted by a professional organization or government body, evidencing one's ability to legally perform certain jobs or tasks.

Securities Laws

Regulations designed to protect investors, ensure fair trading, and prevent fraud in the marketplace for financial instruments such as stocks and bonds.

Sarbanes-Oxley Act

A United States federal law that set new or enhanced standards for all U.S. public company boards, management, and public accounting firms.