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A Company's Business Model

Question 26

Multiple Choice

A company's business model


A) concerns the actions and business approaches that will be used to grow the business, conduct operations, please customers, and compete successfully.
B) is management's storyline for how it will generate revenues ample to cover costs and produce a profit-absent the ability to deliver good profitability, the strategy is not viable and the survival of the business is in doubt.
C) concerns what combination of moves in the marketplace it plans to make to outcompete rivals.
D) deals with how it can simultaneously maximize profits and operate in a socially responsible manner that keeps its prices as low as possible.
E) concerns how management plans to pursue strategic objectives, given the larger imperative of meeting or beating its financial performance targets.

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