What Does a Business Model Describe

question 18

Multiple Choice

What does a business model describe?

• A) How competitors in a market sell their products
• B) How a venture plans to make money
• C) How investors plan to make their money
• D) How an industry makes money

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Definitions:

Welfare

Government programs designed to support the well-being of the population by providing financial aid, healthcare, and other services to those in need.

Bill Clinton

An American politician who served as the 42nd president of the United States from 1993 to 2001, known for his centrist policies and leadership during the country's longest period of peacetime economic expansion.

Affirmative Action Policies

Measures taken to increase the representation of women and minorities in areas of employment, education, and business from which they have been historically excluded.

Social Scientists

Professionals who study human society and social relationships, employing methods and theories from disciplines such as sociology, anthropology, and psychology.