Steven Tanner Is in the Process of Putting Together the Business

question 24

Multiple Choice

Steven Tanner is in the process of putting together the business model for his startup and is currently working on his mission statement, product/market scope, and basis for differentiation. Steven is working on the ________ component of his business model.

• A) core strategy
• B) strategic resources
• C) partnership network
• D) customer interface
• E) feasibility analysis

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Definitions:

Social Security

A government program providing economic assistance to people with an inadequate or no income.

Yellow-Dog Contracts

A type of employment agreement where the worker promises not to join a labor union during the term of employment.

Norris-LaGuardia Act

A 1932 U.S. federal law that limited the power of courts to issue injunctions against non-violent labor disputes and upheld workers' right to strike.

Unemployment Compensation

is financial support provided by the government or a fund to unemployed workers who meet certain eligibility requirements.