ECOM101
Devry University-Chicago
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TestBank CH 2-7 - MCQ & TF ONLY Exam (elaborations) ECOM101
- Exam (elaborations) • 66 pages • 2021
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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 ...
Exam (elaborations)
TestBank CH 2-7 - MCQ & TF ONLY Exam (elaborations) ECOM101
Last document update:
ago
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 ...
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