Which of the Following Is a Way That a Business

question 23

Multiple Choice

Which of the following is a way that a business model will describe value?

• A)by explaining how revenue will be obtained
• B)by explaining how profits will be made
• C)by explaining how the company will serve customers in new markets
• D)by describing the elements of the financial forecast

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Definitions:

Rapid Delivery

The process of quickly transporting goods from the seller to the buyer, often emphasized in e-commerce to enhance customer satisfaction.

Partnering Relationship

An alliance or collaboration formed between businesses to leverage mutual strengths for achieving shared objectives, enhancing competitiveness.

Shared Mission Statement

A formal summary of the aims and values of a company, organization, or group, which is supported and pursued by all its members.

Corporate Vertical Marketing System

A structured form of supply chain organization in which a single company owns or controls each layer of the supply chain, from production to retail.