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:

Insurance

A financial product sold by insurance companies to safeguard individuals and businesses against financial risk or loss.

Asymmetric Information

A situation in which one party in a transaction has more or superior information compared to another.

Demand Factor

Refers to the measure of demand in a system or piece of equipment at its peak period or over a specified period of time, indicating the variation in usage.