In the ________ business model, a web-based business builds a digital environment in which buyers and sellers can meet, display products, search for products, and establish prices.
A) market creator
B) community provider
C) e-tailer
D) portal

Question

Quizplus · Accepted Answer

The market creator business model fits the description of a web-based business that builds a digital environment for buyers and sellers to meet, display and search products, and establish prices. Examples of companies using this model include Amazon, eBay, and Etsy. Community provider models focus on building and fostering online communities, e-tailer models sell directly to consumers online, and portals offer a gateway to various services and content.

In the ________ Business Model, a Web-Based Business Builds a Digital