For each of the following,indicate the step of the basic business model that is most appropriate for the activity listed.
1.Step one - Obtaining financing
2.Step two - Investing in assets
3.Step three - Generating revenues
4.Step four - Producing net income
_____ Increasing retained earnings.
_____ Borrowing money from creditors.
_____ Selling goods to consumers.
_____ Buying equipment.
_____ Selling shares of company stock.
_____ Buying goods for future sale.
_____ Selling services to consumers.
Correct Answer:
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