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:

Cardiac Muscle

A specialized form of striated muscle occurring in the hearts of vertebrates, responsible for its contraction.

Hypertrophy

The increase in size of an organ or tissue through the enlargement of its cells.

Skeletal Muscles

Muscles attached to bones by tendons that are responsible for the movement of the skeleton and thus the body.

Muscle Fibers

The elongated cells that makeup skeletal muscles, responsible for contracting to produce movement.