A Business Model Is a Description of How an Organization

question 13

True/False

A business model is a description of how an organization intends to generate revenue through its business operations.

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Definitions:

Retention Measurement

The method of assessing the degree to which information or skills are maintained over time by an individual or group.

Recall

The act of retrieving information or memories from the past without being explicitly prompted to do so.

Recognition

The process of identifying a previously encountered stimulus or piece of information from among several.

Recall

The act of retrieving information or memories from the past without the aid of cues.