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:

Cheating

Dishonest behavior intended to gain an unfair advantage, typically in the context of academic or sports activities.

Basic Postulate

An underlying assumption or principle that serves as a foundation for a theory, system, or statement.

Incentives

Rewards or penalties that motivate individuals or entities to act in certain ways, often used in economic policies, business strategies, and workplace productivity measures.

Economic Theory

A set of principles and methodologies that explain how economies operate, exploring the production, distribution, and consumption of goods and services.