Which of the Following Statements About Business Models Is Incorrect

question 30

Multiple Choice

Which of the following statements about business models is incorrect?

• A) There are two general types of business models.
• B) There is no perfect business model.
• C) Most of the standard business models have been in place for some time.
• D) A firm's business model is confined to its own boundaries.
• E) Firms should guard themselves against thinking that one particular business model is a "home run" regardless of circumstances.

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Definitions:

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A lung disease resulting from the inhalation of asbestos particles, characterized by fibrosis of the lungs and difficulty in breathing.

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An individual who owns and oversees the operation of a restaurant.

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A mixture of solid particles and liquid droplets found in the air, some of which can be harmful to health when inhaled.