In describing a business model, the elements that have the greatest impact on the firm becoming profitable are best known as _____________.
A) Revenue sources.
B) Critical success factors.
C) Investment size.
D) Cost drivers.

Question

Quizplus · Accepted Answer

Critical success factors are the elements of a business model that have the greatest impact on a firm becoming profitable. These factors can include things like customer acquisition, cost structure, and distribution channels, among others. By focusing on these critical success factors, businesses can ensure that they are allocating their resources effectively and maximizing their chances of success.

In Describing a Business Model, the Elements That Have the Greatest