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A successful business model effectively addresses the following eight key elements:

A) Market trends, employee satisfaction, and government regulations.
B) Customer needs, competition analysis, and marketing strategies.
C) Value proposition, target customer, distribution channels, customer relationships, revenue streams, key resources, key activities, and cost structure.
D) Advertising, product design, and pricing.

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Final answer:

A successful business model addresses eight key elements including value proposition, target customer, distribution channels, customer relationships, revenue streams, key resources, key activities, and cost structure.

Step-by-step explanation:

A successful business model effectively addresses the following eight key elements:

C) Value proposition - The unique value that a business offers to its customers, which sets it apart from competitors.

Target customer - The specific group of customers that the business aims to serve and fulfill their needs.

Distribution channels - The methods and channels through which the business delivers its products or services to customers.

Customer relationships - The strategies and approaches used to build and maintain strong relationships with customers.

Revenue streams - The sources of income and revenue generation for the business.

Key resources - The essential resources and assets required for the business to operate effectively.

Key activities - The core activities and operations that drive the business and create value for customers.

Cost structure - The costs and expenses associated with running the business.

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