A company's business model:
A) zeros in on the customer value proposition and its related profit formula.
B) is management's storyline for how the strategy will result in achieving the targeted strategic objectives.
C) details the ethical and socially responsible nature of the company's strategy.
D) explains how it intends to achieve high profit margins.
E) sets forth the actions and approaches that it will employ to achieve market leadership.

Question

Quizplus · Accepted Answer

A company's business model focuses on defining the customer value proposition and the profit formula, outlining how the company intends to create and deliver value to the customers, and generate revenue and profits.

A Company's Business Model