What Element of the Business Model Canvas Do the Following

question 28

Multiple Choice

What Element of the Business Model Canvas do the following questions represent? "Who do you have to engage with to deliver to your customers? This includes suppliers, distributors, investors, etc."

• A) Distribution Channels
• B) Customer Relationships
• C) Key Partners
• D) Key Activities

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Definitions:

Credit Sales

Sales transactions where the payment is deferred, allowing the buyer to purchase goods or services on account.

Bank Credit Cards

Financial instruments issued by banks that allow cardholders to purchase goods and services on credit, up to an approved credit limit.

Merchandise on Account

Items purchased on credit, where payment is made at a later date, often recorded as accounts payable.

Collection on Account

This term refers to the payment received by a business from its customers against the outstanding invoices or credits.