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:

Future Periods

Time frames that lay ahead, in which planning, forecasting, and predictions are aimed towards.

Financial Managers

Executives who develop and implement the firm’s financial plan and determine the most appropriate sources and uses of funds.

Financial Plan

A comprehensive evaluation of an individual's or organization's current and future financial state by using currently known variables to predict future income, asset values, and withdrawal plans.

Funds

Financial resources set aside for a specific purpose or allocated to particular entities or projects.