Your Textbook Describes a Number of E-Business Models

question 16

Multiple Choice

Your textbook describes a number of e-business models. Which of the terms below best fits the following description: "Products/services with basic features are distributed at no charge to gain exposure and market awareness. Users who want product versions with additional or more powerful features "upgrade" to the full product by paying a fee. "

• A) Utility model
• B) Freemium model
• C) Subscription model
• D) Affiliate marketing model

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Definitions:

Knowledge Base

A repository of information or data that is structured for easy retrieval and use to support users or systems.

Sensory Experiences

Perceptions or interactions with the environment through the senses, including sight, sound, smell, taste, and touch.

Innate Concept

A cognitive theory suggesting that some knowledge or concepts are inherent and not acquired through experience.

Justice

The principle of fairness and the moral rightness of actions and laws within society, often associated with the distribution of resources and treatment of individuals.