Which of the Following Statements Most Clearly Defines the Relationship

question 46

Multiple Choice

Which of the following statements most clearly defines the relationship between business models and business strategy?

• A) the various models are all mutually exclusive of one another
• B) the specific model or combination of models that a business uses helps to define its internet or ebusiness strategy
• C) models provide a menu for a business strategist to consider when addressing questions that will directly impact the particular business
• D) business models and business strategy are closely linked to each other
• E) none of the above

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Definitions:

Substantial Performance

Refers to the completion of nearly all the requirements of a contract or agreement, leaving only minor details uncompleted, which do not significantly alter the outcome or utility received by the other party.

Doctrine

An established principle or policy taught or advocated, for example, in politics, law, or religion.

Bush Pilot

A pilot who operates aircraft in remote, undeveloped regions, often landing on makeshift or unprepared airstrips.

Breach Of Warranty

The failure to fulfill the terms of a promise or guarantee, which is part of a contract, regarding the quality, condition, or performance of a product or service.