A Company's Business Model

question 50

Multiple Choice

A company's business model

• A) zeros in on how and why the business will generate revenues sufficient to cover costs and produce attractive profits and return on investment.
• B) is management's storyline for how the strategy will result in achieving the targeted strategic objectives.
• C) details the ethical and socially responsible nature of the company's strategy.
• D) explains how it intends to achieve high profit margins.
• E) sets forth the actions and approaches that it will employ to achieve market leadership.

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Definitions:

Electronic Signatures

Digital forms of a signature used to consent to or approve documents online, having the same legal standing as handwritten signatures in many jurisdictions.

Endorsers

Individuals or entities that sign the back of a negotiable instrument, such as a check, indicating their approval or transferring ownership.

Promissory Note

A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Reasonable Identification

Identification that is deemed sufficient by law or regulation to reliably establish an individual’s identity.