The Elements of a Company's Business Model Are

question 20

Multiple Choice

The elements of a company's business model are

• A) its customer value proposition as well as the company's profit formula.
• B) its business strategy,its collection of competitively valuable resources,and a strong management team.
• C) its deliberate strategy,its emergent strategy,and its realized strategy.
• D) its actions to capture emerging market opportunities and defend against threats to the company's business prospects,its actions to strengthen competitiveness via strategic alliances,and its actions to enter new geographic or product markets.
• E) management's answers to the questions: Where are we now? Where do we want to go? and How are we going to get there?

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Definitions:

Persuasion

The act of influencing someone's beliefs, attitudes, intentions, motivations, or behaviors through argument, reasoning, or appeal.

Speaker's Appearance

The physical look of a speaker, which can influence audience perception and reception of the message communicated.

Cognitive Dissonance

Cognitive dissonance is a psychological concept describing the discomfort experienced when holding contradictory beliefs, values, or attitudes, typically leading to a change in one of them to reduce the dissonance.

Attitudes

are psychological tendencies expressed by evaluating a particular entity with some degree of favor or disfavor.