Examlex

Solved

A Business Model Outlines What Customer Needs the Company Will

question 99

True/False

A business model outlines what customer needs the company will satisfy, the operations of the business, the company components and functions, and the projected revenue and expenses.


Definitions:

Relevance

The quality of being closely connected or appropriate to what is being done or considered.

Canadian Psychological Association (CPA)

The national association for the science, practice, and education of psychology in Canada, dedicated to improving the health and welfare of all Canadians.

Established

To have been in existence for a long time and therefore recognized and accepted.

Organization

The act of arranging or structuring elements in a systematic way to achieve certain goals or objectives.

Related Questions