Which of the Following Internet Business Models Involves Creating an Online

question 12

Multiple Choice

Which of the following Internet business models involves creating an online digital environment that enables people with like interests to share information?

• A) Community provider
• B) Service provider
• C) Market creator
• D) Transaction broker
• E) E-tailer

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Definitions:

Double Counting

The mistake of including both the value of intermediate products and the value of final products in calculating gross domestic product; counting the same production more than once

Financial Assets

Instruments that represent a financial value, including stocks, bonds, bank deposits, and mutual funds.

Transfer Payments

Cash or in-kind benefits given to individuals as outright grants from the government.

Double-Entry Bookkeeping

An accounting method that records each transaction in two accounts, ensuring that the total debits equals the total credits and maintaining the balance of the accounting equation.