What framework contains the target customer, the problem to be solved, the difference from competitive offerings, and the benefits that customers will expect?
a. A industry focus description
b. A venture concept summary statement
c. A positioning diagram for your venture
d. A business model framework for your venture
b. A venture concept summary statement
You might also like to view...
From its origins as an animated film producer, Walt Disney Company has moved into licensing characters for merchandised goods and developed theme parks and vacation and resort properties. What strategy best describes Disney's growth?
What will be an ideal response?
A cash payments journal is a special journal that ________.
A) differs from the cash disbursements journal B) eliminates the need to perform a bank reconciliation C) is used to record cash payments by check and currency D) is used to record the net of cash payments and cash receipts by check and currency
What is the most likely disadvantage of direct investment for an investing company?
A) weak relationships with local distributors B) minimal investment control C) product standardization requirements D) devalued currency risks E) excessive freight charges
Distinguish between a direct involuntary conversion and an indirect involuntary conversion.
What will be an ideal response?