With Respect to the Components of a Business Model,a ________

question 81

Multiple Choice

With respect to the components of a business model,a ________ is the utility that the product/service has to offer to customers.

• A) cost structure
• B) value grid
• C) value migration
• D) value proposition
• E) revenue stream

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Definitions:

Inventory Upstream

Refers to the inventory held by suppliers and manufacturers before it is distributed down the supply chain to the end consumer.

Safety Inventory

Extra inventory held to protect against stockouts caused by variability in demand or supply.

Supply Chain

The network of manufacturers, suppliers, and logistics providers that work together to produce and deliver products to consumers.

Trade-Offs

The balancing of factors or outcomes in decision-making, where improving one aspect may result in compromising another.