Which Is an Example of a Business Model Innovation

question 27

Multiple Choice

Which is an example of a business model innovation?

• A) Repositioning products as services
• B) Eliminating traditional channels and going direct to customers
• C) Designing a win-win solution with the customer
• D) All the above are examples of business model innovation

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Definitions:

Paywall

A method of restricting access to content, especially on a website, via a paid subscription.

Online Communities

Virtual spaces where individuals gather to share information, interact, and form relationships around common interests.

Social Networking Sites

Websites that provide a virtual community for people to socialize about a particular subject or any topic in general.

Channel Conflict

Conflict between two or more members of a supply chain, such as a manufacturer, wholesaler, or retailer.