The first two requirements of a sound business model are:
A)generate revenues,make profits
B)make profits,produce free cash flows
C)produce free cash flows for creditors and owners of the venture
Generate revenues and produce free cash flows

Question

Quizplus · Accepted Answer

Generating revenues and making profits are foundational requirements of any business model. Without revenue, a business cannot sustain itself, and without profits, there is no incentive for investors or stakeholders to support the venture. While producing free cash flows is also important, it is not as critical in the early stages of a business as generating revenue and profits to establish a foundation of sustainability.

The First Two Requirements of a Sound Business Model Are