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:

Italy

A country located in southern Europe, known for its rich history, cultural heritage, and significant contributions to art, food, and fashion.

Specialization

The process by which individuals, organizations, or nations concentrate on producing a limited range of goods or services, to increase efficiency and productivity.

Exchange

The act of trading goods, services, currencies, or other commodities between parties.

Self-interest

The pursuit of personal advantages and well-being, often guiding individual economic decisions.