Business Model Mastery
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Questions and Answers

What does a business model encompass?

  • Manufacturing, delivering a service, payment timing, and so on
  • Design, manufacturing, marketing, and payment methods (correct)
  • Raw materials, labor, distribution, and pricing strategy
  • Raw materials, marketing, pricing strategy, and processing the sale
  • Which of the following is part of what it takes to sell a product in a business model?

  • Raw materials and manufacturing
  • Processing the sale and payment timing
  • Design and labor
  • Marketing and distribution (correct)
  • What is included in the 'how and what the customer pays' aspect of a business model?

  • Raw materials and manufacturing
  • Pricing strategy and payment methods (correct)
  • Design and distribution
  • Delivering a service and processing the sale
  • What does critical thinking primarily focus on?

    <p>Evaluating and analyzing information</p> Signup and view all the answers

    What is the main difference between 'Fix-it' and 'Do-it' problems?

    <p>The time horizon for solving the problem</p> Signup and view all the answers

    What are the primary sources of data mentioned in the text?

    <p>Official Statistics, Big Data, and Open Data</p> Signup and view all the answers

    What does the term 'critical' in critical thinking refer to?

    <p>The need for careful evaluation and analysis</p> Signup and view all the answers

    What was the focus of the Global Sustainable Development Goals from 2015-2030?

    <p>Universal Social, Economic, and Environmental Development</p> Signup and view all the answers

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