Answer:
b. Away From Home Care Program®
Explanation:
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Answer: Business model
Explanation: A successful business model is one which makes more profits than it costs to produce the product. A person opening a restaurant only needs a standard business model while concentrating on significant techniques on different types of customers.
However, it is not used by new companies alone but can also be used by established companies who want to go into a new market. It helps to capture where a company is headed and the direction it will take you to get there.
Answer:
Specialty products or services
Explanation:
Specialty products or services are the ones that are bought because they either have very specific characteristics or most commonly because they have developed brand loyalty. Most of the time their customers are so loyal to them that they will seek to purchase them specifically and will just ignore the competition.
Customers may say that they buy Starbucks coffee because it's the best coffee, etc., but they probably haven't even tried any other different coffee shop in a long time. People who buy Apple products say they buy them for their technical characteristics but they actually don't even compare an iPhone to other cellphones to see what advantage does the iPhone have.
Explanation:
1. Buy insurance: Though insurance is an expenses, it safe guards you and yours business from huge loss.
2. Income from multiple sources: Always do not depend on single income. Make sure that income comes from multiple sources so that you can make your business alive.
3. Have a savings: Entrepreneurs should save money as how much as they can. We cannot know when there will be a profit and when there is a loss. We can only forecast to a particular extent.
4. Limits on Loan: Keep your loans manageable: Do not step into huge loans where it will be difficult for you to manage when there is a sudden lose.