Which of the Following Business Models in the Landscaping Industry

question 19

Multiple Choice

Which of the following business models in the landscaping industry is likely to scale most efficiently?

• A) a company that offers three different bundles of services at a low, medium, and high price point depending on the level of care required by the customer
• B) a company that deploys a team of both skilled and unskilled landscapers to each customer's location regardless of their needs
• C) a company that charges the same hourly rate for landscaping services no matter what the situation requires
• D) a company that allows users of its website to schedule appointments with landscapers who specialize in the exact service required

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Definitions:

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution of data, commonly referred to as the mean, median, or mode.

Chi-Square

A statistical test used to determine if a significant relationship exists between two variables in a contingency table.

Values Expected

The anticipated or predicted outcomes based on specific conditions or data.