The Most Important Elements in a Business Model Include All

question 23

Multiple Choice

The most important elements in a business model include all of the following except:

• A)Selecting a growth strategy
• B)Verifying that sufficient demand exists for a given product at a given price in a particular market
• C)Selecting unique features and technologies to be imbedded into the products or services
• D)Determining how to capture a portion of the value created in terms of revenues and profits
• E)Identifying market segments to be targeted

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Definitions:

Washington

A term often used to refer to the United States federal government, based in the city of Washington, D.C.

Franking Privilege

A benefit granted to lawmakers that allows them to send mail to their constituents without paying postage, under certain regulations.

Incumbent

An individual who is currently holding a particular political office or position.

Filibuster

A legislative tactic used to extend debate over a bill in order to delay or entirely prevent a vote on its passage.