In a Business Model Context, the Three Components of a Firm's

question 43

Multiple Choice

In a business model context, the three components of a firm's customer interface are target customer, fulfillment and support, and:

• A) pricing structure
• B) product/market scope
• C) basic for differentiation
• D) strategic assets
• E) business mission

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Definitions:

Modular Design

A design approach that involves creating product components in separate units or modules that can be independently created and then used in different systems.

Customer Needs

The recognized desires or requirements of consumers that drive their purchasing behaviors and decisions.