A Viable Business Model Includes a Valuable Customer Value Proposition

question 38

Multiple Choice

A viable business model includes a valuable customer value proposition that

• A) is always partly deliberate/planned and partly emergent/reactive.
• B) is an essential component of pursuing the company's strategic intent.
• C) suggests the greater the value provided and the lower the price,the more attractive the value proposition.
• D) lays out the approach to satisfying buyer wants and needs at a premium price.
• E) must set forth management's long-term action plan for achieving market leadership.

---

Definitions:

Educational Institutions

Places where educational services are provided, ranging from schools and colleges to universities, involved in imparting knowledge, skills, and academic qualifications.

Mass Schooling

The system of providing formal education to large groups of the population, typically through public schools.

Protestant Reformation

A major movement within Western Christianity in the 16th century that led to the creation of Protestant churches, breaking away from the Roman Catholic Church.

Math Scores

Quantitative assessments that measure one's proficiency in mathematical concepts and problem-solving skills.