The Difference between a company's strategy and a company's business model is: company's strategy explain how a company will use the money they make and a company's business model explain how company make their money.
<h3>Difference between a company's strategy and a company's business mode</h3>
A company business model tend to show how an organization or company function including how they generate revenue .
While a company's business strategy tend to tell what the company will use the money they make or generated for .
Inconclusion a company's strategy explain how a company will use the money they make and a company's business model explain how company make their money.
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Answer:
the payment of the insurance premiums
Explanation:
Consideration in contract law refers to an exchange of something of value, e.g. I pay $5 in exchange for a hamburger.
In insurance contracts, consideration provided by the insured refers to paying the insurance premium. Consideration provided by the insurance company is the promise to pay in case of a covered loss.
Answer:
2.20
Explanation:
The formula to compute the total assets turnover ratio is shown below:
Total asset turnover = (Sales revenue ÷ Total assets)
= ($670 ÷ $305)
= 2.20
We simply divide the sales revenue by the total assets, so that the total asset turnover ratio can be computed
All other information which is given is not relevant. Hence, ignored it
