In the Why, What, Who, and How of Business Models

question 77

True/False

In the why, what, who, and how of business models framework, the why dimension asks "why does the business model create value?"

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Definitions:

Efficient Organization

An organization or team that effectively utilizes resources to achieve goals with minimal waste and maximum productivity.

Efficient Team Member

An individual in a team who accomplishes tasks with minimum wasted effort or expense.

Critical Path

The sequence of stages determining the minimum time possible to complete a project, considering all tasks and their duration.

Ballpark Estimate

An approximate calculation or rough assessment, often used in the early stages of planning or decision-making.