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- A freenarginal cost approaching zero, to support free users. It also makes sense for A freemium strategy makes sense for companies such as Pandora, where there is a very low where the value to its potential customers depends on a large network, like Linkedin, who are willing to pay, like Pandora , especially when there are other Freemium also works when a business can be supported by the percentage of customers advertising fees that can make up for shortfalls in subscriber revenues. The freemium music streaming services don't have to worry about their business being sound strategy, but they do have to worry about industry goliaths like Apple and the record labels taking a stand against them. Case Study Questions 1. Compare Pandora's original business model with its current business model. What's the difference between "free" and "freemium" revenue models? 2. What is the customer value proposition that Pandora offers? 3. Why did MailChimp ultimately succeed with a freemium model but Ning did no 4. What's the most important consideration when considering a freemium revenu model?
- Reporting and recording all incidents and near misses will help to prevent a recurrence and identify any weaknesses in the current operational procedures False True
- You work as a security analyst at a bank and need to ensure that customers can access their account information. Which core principle of the CIA triad are you using to confirm their data is accessible to them? Availability Confidentiality Integrity Accuracy
- 2. Which of the following are goods a. Jackets b. Cell phones c. Gasoline d. All of the above
- The term 'Rationale in a business context usually refers to: a) A detailed financia report b) A backup plan in case of failure c) The reason behind a course of action d) The result of a business decision