GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Provide jobs for people
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Make lives of people better
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Provide value to customers quicker than competitors
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Charge customers high prices so the company can make more money than it needs.
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Detailed explanation-1: -Pay-as-you-go Instead of pre-purchasing a certain amount of something, such as electricity or cell phone minutes, customers get charged for actual usage at the end of a billing period. The pay-as-you-go model is most common in home utilities, but it has been applied to things like printer ink.
Detailed explanation-2: -The two surefire marketing strategies for small businesses – cooperation marketing and social proof – are designed to bring you more for less: maximum traffic and customers, at minimal spend. Cooperation marketing helps drive traffic to your website by partnering with other businesses.
Detailed explanation-3: -Business-To-Business Models (B2B): Business-To-Consumer Models (B2C): Subscription Based Models: On-DEMAND BUSINESS MODEL. 22-Aug-2022