5 Questions
Which of the following best describes a business model?
A firm's plan for creating, delivering, and capturing value for its stakeholders
What is the ideal timing for developing a business model?
After fleshing out the operational details of the company
What are the two general types of business models discussed in the text?
Standard and disruptive business models
When is a firm's business model most critical to its success?
Both in the short and long term
What is the Barringer/Ireland Business Model Template used for?
Creating a business model
Test your knowledge on business models with this quiz! Learn about the importance of business models, the two general types of business models, and the components of the Barringer/Ireland Business Model Template.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
