Which of the Following Is Not One of the Four

question 66

Multiple Choice

Which of the following is not one of the four elements of the core strategy section of the Barringer/Ireland Business Model Template?

• A) Business mission
• B) Key assets
• C) Basis of differentiation
• D) Target market
• E) Product/market scope

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Definitions:

Descriptive Approaches

Methods or strategies focused on describing and understanding phenomena rather than predicting or manipulating them.

Ethical Issues

Challenges or dilemmas that require individuals or organizations to consider moral principles in their decision-making processes.

Normative

Refers to standards or norms that dictate what actions or ideas are right and wrong, often applied in ethical, legal, and societal contexts.

Normative Values

Principles or standards of behavior that are considered important in a particular society or group.