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:

Property Tax

Taxes levied by local governments based on the assessed value of real estate property owned.

Accounts Receivable

An asset, which is a claim against the customer created by selling merchandise or services on credit.

Credit Sales

Sales made on credit, where the payment from the customer is received at a later date.

Accounts Receivable

Money owed to a business by its clients for goods or services delivered but not yet paid for.