In the ________ business model, a business builds a digital environment in which buyers and sellers can meet, display products, search for products, and establish prices.Question 10Answera.community providerb.market creatorc.e-tailerd.portal

What is a business model?

Page 2 of 4eBusiness © NCC Education Limited 2023Note: When terms are given in bold, you should include an explanation of theterm(s) in your answer.Questions continue on the next pageAnswer any FOUR (4) questionsMarksQuestion 1a) Explain what is meant by the term business model and digital disruption.Give an example of a business model which has been disrupted throughtechnology and the the internet and critically evaluate how this has impacted onthe orginal business model

The business model is defined as:Domanda 10Rispostaa.A set of dimensions for analysing the stakeholders' relevance for the organisation.b.A framework to describe the products or services of the organisation.c.A plan for the operation of a business, identifying sources of revenue and details of financing. d.A strategic tool for describing how companies create, deliver, and capture value.

Which of the following business model consists of an independently owned vertical digital marketplace for direct inputs?Question 22Answera.e_Exchangeb.Private industrial networkc.e_Procurementd.e_Distributor

Business models in technopr