1) Which of the following is NOT taken into consideration when modeling how a business will add VALUE to the market? a) capture b) create c) deliver d) destroy 2) Businesses use this template to lay out specific strategies for creating, delivering, and capturing value in the marketplace. a) business model canvas b) cost-benefit analysis c) gross domestic product 3) In this business model, steady revenues are brought in as consumers pay for the good or service on a periodic basis. a) Bait & Hook b) Brick & Click c) Shopkeeper d) Subscription 4) One of the oldest and most basic of business models in which the retailer sets up a store, places products on display, and sells them at higher prices to cover costs a) Bait & Hook b) Brick & Click c) Shopkeeper d) Subscription 5) In this business model, the producer sells an inexpensive basic product, BUT, to continue to use the product, the consumer must purchase extra equipment or supplies that can be pricey. a) Bait & Hook b) Brick & Click c) Shopkeeper d) Subscription 6) In this business model, a company operates both a physical store and an online store. a) Bait & Hook b) Brick & Click c) Shopkeeper d) Subscription

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