A Business Model

question 23

Multiple Choice

A business model

• A)is only important for startups with a large amount of uncertainty.
• B)is intended to provide evidence on whether a concept is viable,not if it can be profitable.
• C)is made up of a revenue model,a cost structure,and key resource requirements.
• D)forces the entrepreneur to be more disciplined about financial projections.

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Definitions:

EAFE

An acronym for Europe, Australasia, and Far East, and it refers to a stock index that is designed to measure the equity market performance in those regions.

Forward Rate

The interest rate agreed upon today for a loan that will occur at a future date, used in the calculation of the yield curve and in the pricing of forward contracts.

Canadian Security

A financial instrument issued in Canada, such as stocks, bonds, or investment funds.

Exchange Rate

The worth of a currency when exchanged for a different one.