A Company's Business Model

question 8

Multiple Choice

A company's business model

• A) concerns the actions and business approaches that will be used to grow the business,conduct operations,please customers,and compete successfully.
• B) relates to the principle business components that will allow the business to generate revenues ample to cover costs and produce a profit.
• C) concerns what moves in the marketplace it plans to make to outcompete rivals.
• D) deals with how it can simultaneously maximize profits and operate in a socially responsible manner.
• E) concerns how management plans to pursue strategic objectives,given the larger imperative of meeting or beating its financial performance targets.

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Definitions:

Federal Legislation

Laws enacted by the national government that are applicable across the entire country, often governing matters of national interest.

Clayton Act

A U.S. antitrust law, enacted in 1914, aiming to promote fair competition and prevent unlawful monopolies or practices.

Federal Legislation

Laws enacted by the national government of a country.

Sherman Act

A landmark federal statute in the field of United States antitrust law passed in 1890 which prohibits monopolistic business practices.