A Business Model ______

question 19

Multiple Choice

A business model ______.

• A)is the same as a revenue model
• B)describes how a venture will create,deliver,and capture value
• C)determines how profits will be made
• D)determines how revenue will be earned

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Definitions:

Black Markets

Illicit trade practices where goods or services are sold illegally, either because they are prohibited or to avoid taxation.

Legal Markets

Markets where the trading of goods and services takes place within the framework of laws and regulations established by a government.

Reliability

The degree to which an assessment tool or measurement consistently produces stable and accurate results across different occasions.

Black Markets

Illicit trade practices where goods or services are exchanged illegally, bypassing governmental regulations or price controls.