Developing a viable business model requires that a firm sell goods or services for more than it costs the firm to create and distribute those goods.

Name: Developing a viable business model requires that a firm sell goods or services for more than it costs the firm to create and distribute those goods.
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Question

Quizplus · Accepted Answer

A viable business model ensures that a firm generates profit by selling goods or services at a price higher than the cost of production and distribution, allowing for sustainability and growth.

Developing a Viable Business Model Requires That a Firm Sell