Match the Term with Its Definition

question 82

Multiple Choice

Match the term with its definition.
-A component of the business model that identifies potential risks in the model and how the model can adjust to them

• A)business model risk
• B)comprehensive plan
• C)cost structures
• D)executive summary (overview)
• E)exit strategy section
• F)key resource requirements
• G)management team section
• H)offering
• I)operations and development plan
• J)pivoting
• K)pro forma statements

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Definitions:

Cognitive Comprehensiveness

A process in which team members examine critical issues with a wide lens and formulate strategies by considering diverse approaches, decision criteria, and courses of action.

Decision Criteria

The standards or benchmarks that guide the decision-making process, helping individuals or organizations to choose among alternatives.

Cofounders' Relationship

The professional and often personal relationship between the individuals who establish a business together.

Emotional Commitment

A personal investment and engagement in certain values, goals, or relationships, often resulting in a stronger dedication to them.