While Startups Can Be Flexible in Their Model, What Should

question 15

Multiple Choice

While startups can be flexible in their model, what should be the caution for existing models?

• A)Do not change after you have a workable model.
• B)Be sure you have your model solidified before the company grows.
• C)Any company should be ready for adjustments and changes as markets change.
• D)A business model should be changed at least once a year.

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Definitions:

Fast-Food Restaurant

A dining establishment that serves quickly prepared food items, typically through counter service or drive-through facilities.

Fruits And Vegetables

Natural food sources primarily consisting of plant-based materials, which are key components of a healthy diet, offering a wide range of vitamins and minerals.

Cognitive System

The ensemble of mental processes and structures involved in perception, thinking, reasoning, and understanding.

Selective Attention

This cognitive process involves focusing on specific relevant information in the environment while ignoring other irrelevant information.