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What does a business model describe?
What does a business model describe?
- The products or services the business plans to sell, its identified target market, and any anticipated expenses (correct)
- The company's office locations
- The personal goals of the company's CEO
- The company's history and background
What are Key Partners in a business model?
What are Key Partners in a business model?
- The main financial backers of the company
- Relationships with other businesses, governmental, or non-consumer entities that help the business model work (correct)
- The primary customers of the business
- The company's top executives and managers
What does Value Proposition refer to in a business model?
What does Value Proposition refer to in a business model?
- The value a company promises to deliver to customers should they choose to buy their product (correct)
- The company's stock market performance
- The financial forecast for the upcoming year
- The number of employees in the company
What are Key Resources in a business model?
What are Key Resources in a business model?
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What are Key Activities in a business model?
What are Key Activities in a business model?
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