1.

In the context of successful business models for e-commerce, the _______ model involves charging monthly or annual fees for website visits or access to website content.

A. intermediary

B. subscription

C. advertising support

D. transaction fee

2.

A _______ strategy identifies the set of businesses, markets, or industries in which the organization competes and the distribution of resources among those businesses.

A. differentiation

B. vertical

C. corporate

D. low-cost

3.

_______-based ethics programs are designed by corporate counsel to prevent legal violations.

A. Integrity

B. Awareness

C. Competency

D. Compliance

4.

The notion of _______, an ethical system, is similar to Adam Smith's concept of the invisible hand in business.

A. universalism

B. utilitarianism

C. relativism

D. egoism