Which One of the Following Is Not One of the So-Called

question 47

Multiple Choice

Which one of the following is not one of the so-called G-8 nations?

• A) Japan
• B) Canada
• C) United States
• D) Mexico

---

Definitions:

Business Model

A framework for creating value, capturing value, and delivering products or services to customers.

Revenue Model

The strategy or method a business uses to generate income or revenue, detailing the sources of revenue, pricing methodologies, and target consumer segments.

Create

To bring something into existence; to generate or produce an idea, product, or solution.

Razor-And-Razor-Blade

A business model where a company sells a durable product at a low price (razor) and then sells consumable products that are needed to use the initial product (razor blades) at a higher margin.