A company's business model:
A) sets forth management's game plan for maximizing profits for shareholders.
B) details exactly how management's strategy will result in the achievement of the company's strategic intent.
C) explains how it will achieve high profit margins while at the same time charging relatively low prices to customers.
D) sets forth the key components of the enterprise's business approach,indicates how revenues will be generated,and makes a case for why the strategy can deliver value to customers in a profitable manner.
E) sets forth management's long-term action plan for achieving market leadership.

Question

Quizplus · Accepted Answer

A company's business model sets forth the key components of the enterprise's business approach, indicates how revenues will be generated and makes a case for why the strategy can deliver value to customers in a profitable manner. It is a blueprint for creating and delivering value to customers while also making a profit.

A Company's Business Model