Q92
Which of these questions is not addressed by an effective business model?
A.
What do customers value today?
B.
Who are our customers?
C.
What does the organization produce?
D.
None of the above All are essential questions for effective business models
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
A business model typically includes a description of your customers, how customers use your product, how you distribute your product and details about how you promote your business. The model also describes key operational tasks, staffing and other resource requirements as well as details about how business is conducted. A business model describes your business using visual images, typically on a single page, while a business plan describes your business in a more lengthy document.