What of the following components of the business concept is least likely to ensure the success of the venture?
A)Customer demand
B)An effective business model
C)Money
D)A broad distribution channel
E)Value proposition

Question

What of the following components of the business concept is least likely to ensure the success of the venture?
A)Customer demand
B)An effective business model
C)Money ​
D)A broad distribution channel ​
E)Value proposition ​

Quizplus · Accepted Answer

While money is crucial for starting and running a business, it alone does not ensure the success of a venture. Customer demand, an effective business model, a broad distribution channel, and a strong value proposition are more directly related to the potential success of a business by addressing the needs of the market and how the business plans to meet those needs profitably and sustainably.

What of the Following Components of the Business Concept Is