A business model
A) is only important for startups with a large amount of uncertainty.
B) is intended to provide evidence on whether a concept is viable not if it can be profitable.
C) is made up of a revenue model, a cost structure, and a maximum investment component.
D) forces the entrepreneur to be more discipline about financial projections.

Question

Quizplus · Accepted Answer

A business model typically includes a revenue model, a cost structure, and sometimes a maximum investment component, as it outlines how a company plans to make money and sustain its operations.

A Business Model