The Four Components of an Effective Business Model Include: Core

question 15

True/False

The four components of an effective business model include: core strategy, strategic resources, partnership network, and customer interface.

---

Definitions:

Validity

The property of a deductive argument in which it is impossible for the premises to be true and the conclusion false.

Analogy

Identifying and discussing the traits of two subjects in relation to each other to offer explanation or insight.

Porcupines

Spiny mammals known for their unique defense mechanism of erecting sharp quills to deter predators.

Hedgehogs

Small, spiny mammals known for their unique protective quills and habits of foraging for food at night.