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Which of the Following Is NOT a Component of a Business

question 18

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Which of the following is NOT a component of a business model?

Understand the composition and roles of the Joint Chiefs of Staff and other major federal agencies and departments.
Recognize the primary missions and functions of key federal departments such as the State Department, the Treasury, and the Federal Reserve System.
Describe the concept and impact of fiscal and monetary policies on national economy.
Analyze the effects of national security leaks and policies on privacy and international relations.

Definitions:

Utility

In economics, the satisfaction or benefit derived by consuming a product or service.

Pumpkin Pie

A traditional American dessert made from a spiced pumpkin-based custard filling in a pie crust, often served during fall and Thanksgiving.

Want

A desire for goods or services that are not necessary for basic survival but are perceived as desirable.

Utility

In economics, refers to the total satisfaction received from consuming a good or service.

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