What Components Are Included in the 'Business Model'? Choose All

question 26

Multiple Choice

What components are included in the 'business model'? Choose all that apply.

• A) The structure of product, service and information flows
• B) The processes and procedures for manufacture
• C) The history of the firm
• D) The role of participating parties

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Definitions:

Dependent Variable

The variable in an experiment that is expected to change in response to changes in the independent variable.

Slope

The measure of the steepness, incline, or grade of a straight line, reflecting the ratio of the vertical change to the horizontal change between two points on the line.

Y-Intercept

The point where a line crosses the Y-axis of a graph, indicating the value of the response variable when all predictor variables are zero.

Linear Regression Model

A statistical technique that establishes the link between a dependent variable and one or more independent variables by applying a linear equation to the data collected.