Which Aspect of the Business Model Is Most Affected by the Recent

question 21

Multiple Choice

Which aspect of the business model is most affected by the recent advent of such companies as HelloFresh, Plated, Blue Apron or Starbuck's Reserve?

• A)Key customer
• B)Value Proposition.
• C)Capabilities.
• D)Environment.

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Definitions:

Cournot Model

An economic model that describes an industry structure in which companies compete on the quantity of output they produce, assuming their rivals' output levels are fixed.

Oligopoly Market

A market structure characterized by a few firms dominating the industry, leading to limited competition.

Concentration Ratio

A measure used to indicate the level of competition within an industry by quantifying the market share held by the largest firms.

Industry Output

The total amount of goods or services produced by all firms within a particular industry.