Question

1. Describe the business model in question here? What do they do and how?
2. What does success and failure look like?
3. What challenges do intellectual property rights pose?
4. What does the future hold for Kickstarter? Are the prospects good or not so good? Why?

Answer 1

answer-

1 business model is the plan of a company which they uses to generate profit or make money by using it. . It identifies the products or services the business will sell, the target market it has identified, and the expenses it anticipates .

for example- the business model of netflix is streaming video and movies online in which company operates on a subscription-based model. The users pay for a monthly subscription plan and are given access to stream shows, movies, documentaries and other content available on Netflix in the quality (SD, HD, Ultra HD) they pay for .

2-according to me, success is look like something which you aim for in your life and you achieve that.success comes from excellence and hard work you do to achieve that. also there is little bit of luck which helps you to get success in your life. i can give you example of amazon where jeff bezoz did great work from small business to now big global business. this is called success.

as for failure means when you are trying hard but are unable to achieve you aim for in your life. sometimes many failures can lead success.

4-Kickstarter is an American public-benefit corporation based in Brooklyn, New York, that maintains a global crowdfunding platform focused on creativity and merchandising .according to me, the future of kickstarter is bright because it helps people to get funds on creative projects likeA home for film, music, art, theater, games, comics, design, photography, and more. i am saying this because many people have many business ideas and creative talents but lack of funds but this company would help to attract those prospects and would grow its business.

the future of its business is good because crowdfunding helps to build new entrepreneurs which helps to grow economy of the country and make employment opportunities which are the points enough to attract new prospects to get funds from this company in future.

*as per HomeworkLib policy, i can answer only one question out of many of different chapters, subject/course of discussion like you posted but i still tried to answer as many i can.

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