Question

Match each business model with the type of business that commonly uses it.

Answer 1

Answer:

1. Shopkeeper : Grocery stores

2. Subscription : Magazines

3. Bricks and clicks : Retail stores.

Explanation:

1. Shopkeeper: Grocery stores

Grocery stores often require a physical location. To coordinates or managed the physical activities in the grocery stores, such as buying and selling of stocks, involves the service of a shopkeeper.

2. Subscription: Magazines

For adequate management of Magazine sales and to avoid overproduction and underproduction, magazine producers often use subscription methods to make sales. The subscription methods ensure the inflow of cash and customers getting their magazines as at when due.

3. Bricks and clicks: Retail stores.

Bricks and Click mean both offline and online platforms. For retail stores like Walmart to perform adequately, it is necessary to have a physical and online presence where people can make transactions.