Which Element of the Business Model Refers to the Presence

question 84

Multiple Choice

Which element of the business model refers to the presence of substitute products in the market?

• A)value proposition
• B)competitive environment
• C)competitive advantage
• D)market strategy

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Definitions:

Analyzability

The extent to which organizational tasks can be understood and broken down into clear steps or procedures.

Network Structure

The pattern of connections or relationships between elements or individuals within a system, often analyzed in social or organizational contexts.

Organizational Structure

The way in which an organization arranges its lines of authority, communications, duties, and resources.

Divisionalized Structure

An organizational framework where operations are segregated into semi-autonomous divisions, each focusing on a specific product line or market segment.