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:

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) / current liabilities.

Inventory

The goods and materials a business holds for the ultimate goal of resale or processing.

Current Ratio

A measure of how well a company can satisfy its short-term due debts, revealing its liquidity over the year.

Statement Of Financial Position

Another term for the balance sheet, a financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time.