Which of the Following Is True of a Company's Business

question 79

Multiple Choice

Which of the following is true of a company's business model?

• A) It zeroes in on the customer value proposition and its related profit formula.
• B) It explains why the customer value proposition takes precedence over the related profit formula to generate optimum revenues.
• C) It details the ethical and socially responsible nature of the company's strategy.
• D) It explains how it intends to achieve the same market position as a rival.
• E) It is termed a winning model if it passes any one of the three strategy tests.

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Definitions:

Authorized Depository

A financial institution authorized to accept deposits from individuals and businesses.

Form 941

Form 941 is a quarterly tax form that employers use to report income taxes, social security tax, or Medicare tax withheld from employees' paychecks.

Payroll Tax Depositor

An entity or individual responsible for depositing payroll taxes collected from employers and employees to the appropriate tax authorities.

Tax Liability

The total amount of tax owed to the government by an individual, corporation, or other entity.