Which of the Following Best Describes How Business Models Help

question 14

Multiple Choice

Which of the following best describes how business models help companies manage complexity?

• A)Because business models can't exceed one page,managers can understand how the business works at a glance.
• B)Although business models are a simplification of the actual processes they represent,they incorporate the processes' essential elements.
• C)Business models' limitations force managers to simplify the company's actual processes.
• D)Business models must display every detailed task and activity,which allows managers to visualize the complexity inherent in its business processes.

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Definitions:

Moral Judgments

Evaluations or decisions based on the discernment of right and wrong, often influenced by an individual’s ethical beliefs and principles.

Kohlberg

Refers to Lawrence Kohlberg, a psychologist best known for his theory of stages of moral development.

Moral Judgments

Evaluations or decisions made about the rightness or wrongness of actions based on a set of ethical principles or a moral framework.

Kohlberg

A psychologist best known for his theory of stages of moral development.