Which Section of the Barringer/Ireland Business Model Template Is the Only

question 21

Multiple Choice

Which section of the Barringer/Ireland Business Model Template is the only section that describes how it makes money?

• A) Core strategy
• B) Resources
• C) Financials
• D) Operations
• E) Value proposition

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Definitions:

Discretionary Policies

Economic strategies, involving government spending and taxation, that are implemented at the discretion of the government to manage economic fluctuations.

Monetarist Economists

Economists who believe that variations in the money supply have major influences on national output in the short run and the price level over longer periods.

Phillips Curve

Curve showing inverse relationship between the unemployment rate and the rate of inflation.

Laffer Curve

Shows that at very high tax rates, very few people will work and pay taxes; therefore government revenue will rise as tax rates are lowered.