List and describe at least five different Internet business models. Which of these models do you think would be the most risky for a startup business today? Support your answer

What will be an ideal response?

Internet business models include: e-tailer, transaction broker, market creator, content provider, community provider, portal and service. The choice of riskiest model will depend on the individual student. A sample answer is: Today the riskiest model would be a content-provider, because most, if not all, of the major offline entertainment and content producers such as television networks and newspapers are online. They would be your competitors, and already have the means for content creation and distribution in place. All of the other business models do not have the risk of creating brand new content.

Business

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Theme parks cleverly design their waiting areas to do which of the following?

a. Make the wait look as long as it is so they aren't disappointed b. Find ways to give the customers the impression of constant progress c. Keep the waiting area distraction free so people keep moving in line d. Post clocks everywhere so people know how long they have been in line e. Offer customers additional services while they wait

Business

A ________ is a group of states that have reduced or eliminated tariffs among themselves and have also established a common external tariff

A. customs union B. free trade area C. Harmonized System D. Wassenaar Arrangement

Business