In Regard to Business Models, Which of the Following Statements

question 39

Multiple Choice

In regard to business models, which of the following statements is incorrect?

• A) There is a standard business model that most firms follow.
• B) A firm's business model is inherently dependent on the collection of resources it controls and the capabilities it possesses.
• C) It is dangerous for a company to assume that it can be successful by simply copying the business model of another firm.
• D) A firm's business model is its plan or diagram for how it competes.
• E) It is often difficult to determine what another firm's business model is.

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The highest judicial body in a country or state, often having the final word on cases that have exhausted the appeal process in lower courts.

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Officially acknowledged by law or the government as valid or having a specific status.

Same-Sex Couple

Two individuals of the same gender who are in a romantic relationship and may be cohabiting, engaged, married, or in a civil partnership.

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