When Completing the Basis of Differentiation Box in the Barringer/Ireland

question 18

Multiple Choice

When completing the basis of differentiation box in the Barringer/Ireland Business Model Template, it is best to limit the description to ________.

• A) two to three points
• B) one point
• C) five to 10 points
• D) two to three points for manufacturing firms and five to 10 points for service firms
• E) five to 10 points for manufacturing firms and two to three points for service firms

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Definitions:

Allegations

Claims or accusations made without proof, often requiring investigation or legal action to verify their validity.

Complaint

The initial document filed by a plaintiff in a civil lawsuit, outlining the basis of their legal claim.

Requests for Admission

A legal process in which one party asks the other to admit the truth of specific facts or the genuineness of documents, to simplify the trial process.

Depositions

The sworn, out-of-court oral testimonies of witnesses recorded for later use in court proceedings and discovery processes.