Question

Who determines what the consumer receives in a take-it-or-leave-it business model?

1) The consumer
2) The supplier
3) The regulator
4) General business practices

Answer 1

In a take-it-or-leave-it business model, the supplier determines what the consumer receives based on the terms set by the supplier.

Step-by-step explanation:

In a take-it-or-leave-it business model, the supplier determines what the consumer receives. This model is also known as a non-negotiable or standard form contract, where the terms are set by the supplier and the consumer can either accept or reject them. The supplier has the power to set the conditions, prices, and terms of the transaction, and the consumer can only choose whether or not to accept the offered terms.