Which of the following dimensions is encompassed by a company's business model?
A) Configuring resources
B) Avoiding focus on acquiring new customers
C) Reducing emphasis on product quality
D) Maintaining high costs
E) Restricting growth

Question

Quizplus · Accepted Answer

Configuring resources is a key aspect of a company's business model as it outlines how a company will allocate its resources (financial, human, and physical) to create value for customers and generate revenue. The other options (B, C, D, and E) are not desirable dimensions to be encompassed by a business model.

Which of the Following Dimensions Is Encompassed by a Company's