The strategic choices that a business model addresses should reflect both the ____ and the ____ processes.
A)business concept / business plan
B)value chain / action plan
C)action plan / value capture
D)value creation / value capture
E)value creation / business concept

Question

The strategic choices that a business model addresses should reflect both the ____ and the ____ processes. ​
A)business concept / business plan
B)value chain / action plan
C)action plan / value capture
D)value creation / value capture
E)value creation / business concept

Quizplus · Accepted Answer

The strategic choices in a business model should address both value creation (how a company produces products or services for its customers) and value capture (how a company retains some portion of the value that it has created, in the form of profits or revenue).

The Strategic Choices That a Business Model Addresses Should Reflect