The approach, or pricing strategy, a company uses to get paid for the value it delivers through its business model is called the ___________.
A)cost model
B)customization model
C)differentiation model
D)revenue model

Question

Quizplus · Accepted Answer

The revenue model is the approach or pricing strategy used by a company to get paid for the value it delivers through its business model. The cost model refers to the way a company determines and manages its costs, while the customization and differentiation models refer to ways a company can differentiate itself in the market.

The Approach, or Pricing Strategy, a Company Uses to Get