The Business Model Used by IBM to Make Money Not

question 34

Multiple Choice

The business model used by IBM to make money not selling IBM products,but by selling its expertise to improve their customers operations is the

• A) profit pyramid model.
• B) advertising model.
• C) customer solutions model.
• D) efficiency model.
• E) entrepreneurial model.

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Definitions:

Achievement

The accomplishment of a goal or attainment of higher skill levels through effort or skill.

Erikson

Erik Erikson was a developmental psychologist and psychoanalyst known for formulating the theory of psychosocial development outlining 8 stages that describe how individuals evolve through the lifespan.

Psychosocial Development

A theory that describes the stages an individual goes through in the development of personality, emotions, and social relationships.

Cognitive Development

The process of growth and change in intellectual capabilities such as thinking, reasoning, and problem-solving that occurs from infancy to adulthood.