Match the Business Model Headings with the Question Addressed Beneath

question 20

Multiple Choice

Match the business model headings with the question addressed beneath each heading.
-Channels

• A) For whom are we creating value ?
• B) How do we establish and maintain our relation to the customer?
• C) How do we communicate and deliver?
• D) What activities are needed to create and deliver our proposition?
• E) Which income and costs can we expect once we transform the model into reality?
• F) What resources are needed to create and deliver our proposition?
• G) What partners and networks are needed to create and deliver the offering?
• H)What is the offering to the customer?

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Definitions:

Materials

Items and substances used in the production of goods, including raw materials, components, and parts.

Weighted-Average Method

A cost accounting method that calculates the cost of equivalent units of production by weighting the cost of units transferred out and the cost of the ending work in process inventory.

Processing Department

A production department specialized in a particular process or stage in the manufacturing process, where costs are accumulated.

Process Costing System

A costing method used where similar goods are produced in a continuous process, allocating costs across units produced.