Andrew Bowser is in the process of putting together the business model for his startup and is currently working on his mission statement, product/market scope, and basis for differentiation. Andrew is working on the ________ component of his business model.
A) core strategy
B) strategic resources
C) partnership network
D) customer interface
E) feasibility analysis

Question

Quizplus · Accepted Answer

The mission statement, product/market scope, and basis for differentiation are key components of the core strategy of a business model. This component outlines the overall direction and approach that the startup will take in order to achieve its goals and objectives.

Andrew Bowser Is in the Process of Putting Together the Business