The Book Argues in the Financial ABC's That the Purpose

question 35

Multiple Choice

The book argues in the Financial ABC's that the purpose of the business model is to prevent "silo thinking" between the various parts. This implies that:

• A) one understands and stresses the mutual dependence between the various parts of the model, as well as the financial implications of all aspects
• B) one has control over the costs and revenue aspects but separates those from the rest
• C) one avoids addressing the problems that may arise between customer and company expectations
• D) one avoids addressing how costs may affect revenue

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Definitions:

Running And Sliding Fits

Describes the tolerance between two mating parts that allow for free movement, typically seen in parts that need to move relative to each other without restriction.

RC7S

RC7S refers to a specification for a surface finish, indicating the roughness and texture desired on a machined surface, often used in engineering drawings.

Basic Shaft System

A referencing system for tolerances in mechanical engineering, focusing on the dimensions and fit of shafts.