________ Business Models Strive to Create the Best Solution or Experience

question 98

Multiple Choice

________ business models strive to create the best solution or experience for the customer.

• A)Product-centric
• B)Customer-centric
• C)Profit-centric
• D)Revenue-centric

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Definitions:

Diurnal Animals

Animals most active during the day (e.g., pigeons). Compare with crepuscular animals and nocturnal animals.

Navigation

Involves the use of cues to change direction when necessary in order to reach a specific destination; requires a sense of direction, called compass sense, and an awareness of location, called map sense.

Compass Sense

An ability observed in some animals, allowing them to navigate using Earth's magnetic field.

Map Sense

An inherent ability to understand and navigate the spatial environment, often used in reference to animals or humans who can orient themselves without explicit landmarks.