Nokia makes and sells cell phones and generates profit from these sales.This statement defines Nokia's business __________.
A)model
B)processes
C)supply chain
D)value proposition

Question

Quizplus · Accepted Answer

The statement defines Nokia's business model, which is the way a company generates revenue and profits. In this case, Nokia's business model involves making and selling cell phones. The other options, such as processes, supply chain, and value proposition, are all important elements of a company's overall business, but they do not fully encompass Nokia's business as described in the statement.

Nokia Makes and Sells Cell Phones and Generates Profit from These