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The three elements of Value Proposition, Key Customers, and Capabilities operate within an environment. Which of the following is NOT part of that environment?

a. Competition
b. Regulation
c. Technology
d. Founder's ideology

1 Answer

1 vote

Answer:

Out of the following, regulation is not a part of that environment.

Explanation:

  • The factor of value proposition of a business plays the role of a trust gainer as it clarifies the promise that the business to its customers.
  • Key customers are the ones that help the business survive and thrive by associating with the business constantly.
  • Capabilities determine the reach and the potential of the business as it grows through thicks and thins.
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