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"A company's business model

set forth how its strategy and operating approaches will create value for customers while at the same time generating ample revenues to cover costs and realize a profit
concerns how management plan to maximize profits for shareholders and also deliver the best possible value to customers
deals with how it can simultaneously maximize profits operate in a socially responsible Manner and keep its prices as low as possible
concerns the actions and business approaches that will be used to create a winning strategy and deliver value to shareholders
is Management's story line or how it will generate revenues and bold to cover costs keep prices as low as possible and become the industry's market share leader"
A) A company's business model sets forth how its strategy and operating approaches will create value for customers while at the same time generating ample revenues to cover costs and realize a profit.
B) A company's business model concerns how management plans to maximize profits for shareholders and also deliver the best possible value to customers.
C) A company's business model deals with how it can simultaneously maximize profits, operate in a socially responsible manner, and keep its prices as low as possible.
D) A company's business model concerns the actions and business approaches that will be used to create a winning strategy and deliver value to shareholders.
E) A company's business model is management's storyline of how it will generate revenues, control costs, keep prices as low as possible, and become the industry's market share leader.

User Sler
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1 Answer

1 vote

Final answer:

A company's business model sets forth its strategy and operating approaches to create value for customers, generate revenues, and deliver value to shareholders. It is management's plan for generating revenues, controlling costs, and becoming a market share leader.

Step-by-step explanation:

A company's business model sets forth how its strategy and operating approaches will create value for customers while at the same time generating ample revenues to cover costs and realize a profit. It concerns the actions and business approaches that will be used to create a winning strategy and deliver value to shareholders. The business model is management's storyline of how it will generate revenues, control costs, keep prices as low as possible, and become the industry's market share leader.

User Alpesh
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7.4k points