Which Element of the Business Model Addresses the Question of Why

question 13

Multiple Choice

Which element of the business model addresses the question of why a customer should buy from the firm?

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

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Definitions:

Formal

Following established conventions or requirements; opposite of informal.

Unfavourable Response

A reaction or reply that is negative or not supportive, often received after presenting an idea or proposal.

Conclusions

The final part of something, typically a document, speech, or piece of reasoning, summarizing the main points or outcomes.

Recommendations

Suggestions or advice designed to guide decisions or actions, typically based on analysis or expertise.