Question

Regardless of which IR model an organization chooses, multiple employees should be in charge of incident response. Select one: True False\

Answer 1

The IR model applies principles that are focused on greater efficiency to the reporting process.

Explanation:

Manufacturer, Distributer, Retailer, Franchise, E-Commerce are some basic business models. Business model is a conceptual structure that describes how an organization fulfill its purpose.

The main purpose of Integrated Report is to explain the providers of financial capital and how organization creates value over time. It provides greater context for performance data and clarifies how data related information fits into the operation or business.