A_______________________ Is the Way a Company Applies Knowledge to Capture

question 7

Multiple Choice

A_______________________ is the way a company applies knowledge to capture value.

• A) business model
• B) value proposition
• C) channel
• D) revenue stream

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Definitions:

Optimization Models

Mathematical models used to determine the most efficient and effective way to achieve a goal, often used in logistics, production, and scheduling.

Mathematical Procedures

Systematic, step-by-step algorithms or methods used to solve mathematical problems or perform mathematical operations.

Customer Service Requirements

Specifications or expectations that outline the service standards a business must meet to satisfy its customers.