Which of the Following Does Not Describe a Business Model

question 16

Multiple Choice

Which of the following does not describe a business model canvas?

• A)Helps focus business model discussion.
• B)Shows connections between investments in the business and desired outcomes.
• C)Complex and generally many pages.
• D)Useful in describing how information technology can support a business model.

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Definitions:

Sales Mix

Sales mix is the proportion of different products or services that a company sells, reflecting the variety of sales contributing to total revenue.

Units Sold

The total quantity of products or goods sold by a company during a specific period.

Relevant Range

The scope of activity levels within which the assumptions about fixed and variable costs in cost-volume-profit analysis remain valid.

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted, indicating how much contributes to covering fixed costs and profit.