Which of the Following Is True About a Business Model

question 17

Multiple Choice

Which of the following is true about a business model?

• A) It only involves your go-to-market strategy
• B) It is less important than your financial strategy
• C) It drives financial strategies and outcomes
• D) It is driven by financial models

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Definitions:

Flexibility

The quality of being adaptable or the capacity to be easily modified or adjusted in response to changing conditions.

Conform

To act in accordance with rules, standards, or norms.

Price per Unit

The cost associated with a single unit of a product or service, allowing for comparison and calculation of total costs.

Units Accepted

This refers to items or quantities that have been received and approved by a buyer or quality control as meeting the required standards.