Complete the following statement. The business model approach offers two important advantages over the other approaches. Firstly, it provides you with a clear and concise way to ___________ an entrepreneurial opportunity. Secondly, in the process of constructing a business model, you can improve your own __________ of the underlying concept, enabling you to refine it further and build a more convincing case.
Fills the gaps in the following sentence.
The business model approach offers two important advantages over the other approaches.
Firstly, it provides you with a clear and concise way to communicate; an entrepreneurial
opportunity. Secondly, in the process of constructing a business model, you can improve your
own understanding of the underlying concept, enabling you to refine it further and build a
more convincing case.
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Linda, a manager at Addoso Inc., is writing a proposal on how a new work benefit will affect employees' attitude toward their jobs. She places limits on what she proposes to do in her report. In this case, these limitations will be placed under the _____ section of her proposal.
A. methods B. scope C. evaluation D. references
Cash interest payment is computed annually when a bond is issued for other than its face value. For a bond issued at a discount, how will this component change as the bond approaches maturity?
a. decrease b. increase c. remain constant d. not enough information given to decide
Wilma participates in a fraud scheme by executing some derivative trades because she believed that a senior analyst knew more about complex derivative transactions than she did. These transactions were fraudulent in nature. Which type of power was employed to deceive Wilma?
a. Expert power b. Referent power c. Coercive power d. Reward power
An example of an economic trading-area barrier is _____
a. travel distance b. travel time c. high sales-tax rates d. travel difficulty as measured by road conditions