Your Textbook Describes a Number of E-Business Models

question 126

Multiple Choice

Your textbook describes a number of e-business models. Which of the terms below best fits the following description: "The businesses charges buyers for a product/service based on usage levels. For instance, your cell phone company may charge you based on how much data you download while accessing the Internet from your mobile device. "

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

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Definitions:

Standard Stimulus

A specific stimulus used as a reference point in psychological experiments to measure reactions or perceptions.

Weber's Law

A principle describing the smallest difference in stimulus intensity that is detectable, typically proportional to the intensity of the original stimulus.

Difference Threshold

The smallest change in stimulation that can be detected 50% of the time by a participant.

Color Receptors

Cells in the retina of the eye that are sensitive to specific wavelengths of light, enabling color vision.