Business Model Innovations Result in New Ways of Making Money

question 60

True/False

Business model innovations result in new ways of making money for the firm.

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Definitions:

Personal Assets

Items of value owned by an individual, including tangible assets like property and cars, and intangible assets like stocks and bonds.

Savings Account

is a deposit bank account that earns interest, designed for individuals to save money over time.

Investment Account

A financial account that holds securities, such as stocks, bonds, or mutual funds, for investment purposes.

Providing Legal Advice

The act of giving professional legal opinions regarding the law or conduct to someone, typically an attorney advising a client.