A Company's Business Model

question 5

Multiple Choice

A company's business model:

• A) sets forth management's game plan for maximizing profits for shareholders.
• B) details exactly how management's strategy will result in the achievement of the company's strategic intent.
• C) explains how it will achieve high profit margins while at the same time charging relatively low prices to customers.
• D) sets forth the key components of the enterprise's business approach,indicates how revenues will be generated,and makes a case for why the strategy can deliver value to customers in a profitable manner.
• E) sets forth management's long-term action plan for achieving market leadership.

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Definitions:

Sessile Filter Feeders

Organisms that are fixed in one place and eat by straining suspended matter and food particles from water, typically through a filtering structure.

Cell Layers

Stratified structures formed by cells in multicellular organisms, contributing to the formation of tissues and organs.

Amoeboid Cells

Cells that move or feed by forming extensions of their cytoplasm, known as pseudopodia.

Flagellated Collar Cells

Specialized cells found in sponges that have a flagellum surrounded by a collar used to pump water through the sponge and trap food particles.