E commerce chapter 2 mcq Study guides, Class notes & Summaries

E-commerce Chapter 2 MCQ Test 2023...

E-commerce Chapter 2 MCQ Review Course Study 2023.16) ________ and ________ are typically the most easily identifiable aspects of a company's business model. A) Market strategy, market opportunity B) Value proposition, revenue model C) Value proposition, competitive environment D) Revenue model, market strategy - ANSWER Answer: B 17) All of the following are key elements of a business model except: A) competitive environment. B) organizational development. C) information technology st...

16) ________ and ________ are typically the most easily identifiable aspects of a company's business model. A) Market strategy, market opportunity B) Value proposition, revenue model C) Value proposition, competitive environment D) Revenue model, market strategy - ANSWER-Answer: B 17) All of the following are key elements of a business model except: A) competitive environment. B) organizational development. C) information technology strategy. D) market strategy. - ANSWER-Answer: C ...

E-commerce 2013, 9e (Laudon/Traver) Chapter 2 E-commerce Business Models and Concepts 1) A value proposition defines how a company's product or service fulfills the needs of a customer. Answer: TRUE 2) The terms revenue model and financial model can be used interchangeably. Answer: TRUE 3) In order to be considered successful, a firm must produce returns greater than alternative investments. Answer: TRUE 4) An asymmetry exists whenever one participant in a market has ...