Business models include a __________,which is an analysis of the benefits of using the specific model.
A)revenue model
B)supply chain
C)value proposition
D)profit margin

Question

Quizplus · Accepted Answer

A value proposition is a statement that explains how a product or service solves the customers' problems or improves their situation. It is an essential element of a business model since it highlights the unique advantages of the product or service and how it creates value for customers. Therefore, it also provides an analysis of the benefits of using the specific model. Revenue models (A) and profit margins (D) are components of a business model, but they do not specifically address the benefits of the model. Supply chain (B) is a critical element of how a company delivers its product or service, but it is not directly related to the benefits of the business model.

Business Models Include a __________,Which Is an Analysis of the Benefits