The Value Proposition in a Business Model Has to Do

question 86

Multiple Choice

The value proposition in a business model has to do with:

• A) How you will earn your money
• B) The special advantages your firm brings to the market space
• C) How you plan to promote your products and/or services to attract your target audience
• D) Why your customer should buy from you
• E) Who else occupies your intended market space

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Definitions:

Task Oriented

Describes an approach or behavior that is focused primarily on completing tasks, achieving goals, and maintaining productivity.

Creative

Exhibiting the ability to produce original, innovative ideas or outcomes.

Other Person's Perspective

The viewpoint or position from which another person sees or considers a situation or problem.

External Reasons

Factors or motivations that come from outside an individual and influence their actions or decisions.