Vidyalelo
Commerce · Q15

eCommerce

Graduate and Post Graduate · Commerce · question 15

Q15

Which of the following is not a key element of a business model?

A.
value proposition
B.
competitive advantage
C.
market strategy
D.
universal standards
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Universal standards is not a key element of a business model.
8 Key Elements of a business model and types of E commerce Business models are
1) Value Proposition.
2) Revenue Model.
3) Market Opportunity.
4) Competitive Environment.
5) Competitive Advantage.
6) Market Strategy.
7) Organizational Development.
8) Management Team.