The First Two Requirements of a Sound Business Model Are

question 56

Multiple Choice

The first two requirements of a sound business model are:

• A) generate revenues, make profits
• B) make profits, produce free cash flows
• C) produce free cash flows for creditors and owners of the venture generate revenues and produce free cash flows

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Definitions:

Synthetic

Artificially made, usually through chemical synthesis, as opposed to being naturally produced.

Customer-Driven

Customer-driven refers to business strategies and operations that prioritize the needs and preferences of customers in the development and delivery of products or services.

Process-Oriented

describes an approach focusing on the execution of tasks and procedures to achieve specific outcomes, emphasizing the importance of how actions are performed.

Synthetic

Pertains to materials or substances that are artificially made rather than naturally occurring.