Exam 4: Developing an Effective Business Model

________ refers to the number of subscribers that a subscription-based business loses each month.

According to the textbook, Southwest Airlines introduced a new market disruption type of disruptive business model.

Which of the following firms has a peer-to-peer business model?

Which of the following firms introduced a disruptive business model?

A company's ________ scope defines the products and markets on which it will concentrate.

Southwest Airlines is an example of a ________ disruptive business model.

In the Barringer/Ireland Business Model Template, a(n) ________ is a specific factor or capability that supports a firm's business model and sets it apart from its rivals.

Advertising, commissions, download fees, licensing, and product sale are examples of ________.

IndieU is the focus of the opening feature of Chapter 4. Connecting college students with new indie artists and putting it in the students' hands to stage unforgettable college experiences that showcase fresh music is IndieU's ________.

A firm's revenue streams describe the ways in which it makes money.

Brad Jones is in the process of opening an electronics supply company and is working on the portion of his business plan template that describes how he will deliver his products and services to his customers. The portion of the business plan template that Brad is working on is referred to as ________.

A business's mission or mission statement describes why it exists and what its business model is supposed to accomplish.

In the terminology of the Barringer/Ireland Business Model Template, a key asset is a specific factor or capability that supports a firm's business model and sets it apart from its rivals.

Mark White is the founder of a firm that builds iPhone apps. Mark is very technically savvy, which allows him to build apps quickly and with minimal bugs or problems. In the terminology of the Barringer/Ireland Business Model Template, Mark's technical savvy is a(n) ________ of his firm.

The first box in the Barringer/Ireland Business Model Template is ________.