A business model comprises of ________ and whether the company can make money doing that.
A)what managers do to develop the organization's strategies
B)focus on the short-run performance of an organization
C)providing products/services that customers will value
D)beating the competition

Question

Quizplus · Accepted Answer

The definition of a business model is focused on providing products/services that customers will value and whether the company can make money doing that. The other options listed here - what managers do to develop the organization's strategies, focus on the short-run performance of an organization, and beating the competition - are all important considerations in running a business, but they are not the definition of a business model.

A Business Model Comprises of ________ and Whether the Company