Question: QUESTION 1 (TOTAL: 20 MARKS) Theres never been a better time than now to start a company. In the past, entrepreneurs started businesses. Today, they

QUESTION 1 (TOTAL: 20 MARKS)

Theres never been a better time than now to start a company. In the past, entrepreneurs started businesses. Today, they invent new business models. Thats a big difference, and it creates huge opportunities.

John Doerrs Start-Up Manual, Fast Company, FebruaryMarch 1997, pp. 8284

Propose FIVE (5) business models that suits to fashion business. Correlate your answer with relevant examples.

(20 marks)

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