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home/ study/ business/ economics/economics questions and answers / 1. a business model describes what a business does, what it sells, and who it sells to. true ...

Question: 1. A business model describes what a business does, what it sells, and who it sells to. True or F...

1. A business model describes what a business does, what it sells, and who it sells to. True or False

2. Financial analysis is used to predict the future of a business. true or false

3. Which of the following is NOT part of what a company's business model describes?

A.How to increase the customer base

B.What the company does

C.Who the company sells to

D.What products the company sell

Homework Answers

Answer #1

Question1

The answer is True

Because a company's business model is a plan which describes the path of generating revenues and making profits.

Q.2

True

Because we evaluate all of our future investments with the help of financial analysis which helps a financial manager in decision making.

Eg. Capital Budgeting

Q.3

A. How to increase the customer base

It is a part of Marketing Plan. It is the responsibility of Marketing deptt. to increase the customer base so the company can sell more.

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