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:

Generate Sales

The act of creating revenue through the selling of goods or services to customers.

Defective

Refers to a flaw or imperfection in a product that impairs its usability for the purpose for which it was designed or manufactured.

Revamped Product

A product that has new packaging, different features, and updated designs and functions.

New Packaging

The development and implementation of novel designs, materials, or formats for enclosing and protecting products for distribution, sale, or storage.