Which of the Following Is Not One of the Purposes

question 20

Multiple Choice

Which of the following is not one of the purposes of a business model?

• A) serves as an ongoing extension of feasibility analysis
• B) serves as a template for conducting industry analysis
• C) focuses attention on how all the elements of a business fit together
• D) describes why the network of participants needed to make a business idea viable is willing to work together
• E) articulates a company's core logic to all stakeholders

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Definitions:

Standard Operating Procedure

A set of written instructions that document a routine or repetitive activity followed by an organization.

Routine Servicing

Regular maintenance or checks to ensure that systems, machines, or vehicles are operating efficiently and safely.

Solution Implementation

The process of executing a plan or method to solve a problem or address a specific need.

Monitor

To observe or check something over a period of time for the purpose of tracking its progress or quality.