Jeff Mommer Is Starting an Environmentally Friendly Lawn and Garden

question 51

Multiple Choice

Jeff Mommer is starting an environmentally friendly lawn and garden service. One thing that Jeff has worked hard on is determining how his company will compete in the marketplace. This elements of Jeff's business model is referred to as:

• A) core strategy
• B) strategic resources
• C) partnership network
• D) fulfillment and support
• E) customer interface

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Definitions:

International Marketplace

A global economic environment where goods, services, and capital move across borders, allowing for the exchange and consumption beyond local and national markets.

Capital

Refers to wealth in the form of money or other assets owned by a person or organization or available for a purpose such as starting a company or investing.

Direct Investment

The acquisition of a controlling interest in a foreign business by making investments such as purchasing the company's stock directly.

Capital Commitments

The funds that a company plans to spend on long-term assets or projects over a period of time.