The Cost Structure of a Business Model

question 12

Multiple Choice

The cost structure of a business model

• A)defines the types of income.
• B)determines how much money is needed for positive cash flow.
• C)drives the company's cost and expenses.
• D)is the most critical component for long term success.

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Definitions:

Tax Evasion

The illegal practice of not paying taxes by individuals or corporations through various methods, including underreporting income.

Legal

Pertains to the system of rules that a particular country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties.

White Water Rafting

A recreational outdoor activity which uses an inflatable raft to navigate a river or other body of water with various degrees of rough water.

Surplus

An excess of production or supply over demand, often leading to a decrease in prices.