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Author Question: In regard to business models, which of the following statements is incorrect? A) There is a ... (Read 49 times)

cagreen833

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In regard to business models, which of the following statements is incorrect?
 
  A) There is a standard business model that most firms follow.
  B) A firm's business model is inherently dependent on the collection of resources it controls and the capabilities it possesses.
  C) It is dangerous for a company to assume that it can be successful by simply copying the business model of another firm.
  D) A firm's business model is its plan or diagram for how it competes.
  E) It is often difficult to determine what another firm's business model is.

Question 2

Studies show that more than one individual starts 50 to 70 percent of all new firms.
 
  Indicate whether the statement is true or false



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nothere

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Answer to Question 1

A

Answer to Question 2

TRUE




cagreen833

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Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)


Dominic

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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