Which element of the business model examines who else occupies the firm's intended marketspace?
A)value proposition
B)competitive environment
C)competitive advantage
D)market strategy

Question

Quizplus · Accepted Answer

The competitive environment element of the business model is the one that examines who else occupies the firm's intended marketspace. The value proposition refers to the benefits and value that the company's products or services offer to customers, the competitive advantage refers to the unique attributes or advantages that the company has over its competitors, and the market strategy refers to the plan for how the company will reach and serve its target customers.

Which Element of the Business Model Examines Who Else Occupies