Answer:
Business model
Explanation:
A business plan can be defined as a formally written document that comprises of the financial and operational objectives (plans) of a business firm.
Basically, a business plan is a roadmap or guide that outline the goals of a business, methods on how to achieve those goals, and the timeframe required to achieve those goals.
Similarly, a business model can be defined as a plan developed and implemented by a company while expressly promising value to its customers and converting the payments made by customers for goods or services into a profit.
Answer:
a decrease in equilibrium price and an increase in equilibrium quantity
Answer: Option (B)
Explanation:
Reputation systems are referred to or known as the programs which tends to allow its users in order to rate other in an online community so as to build the trust through the reputation. Some of the common uses of such systems are mostly found on the E-commerce sites, i.e. eBay etc and the online advice platforms example Stack Exchange.
Answer:
The gesture exemplifies its social responsibility.
Explanation:
The social responsibility of an organization is the contribution that it makes to the society because the soiety has made it what it is today. Because the society has contributed to its success, the company must contribute to the society as well. The helping of underprivileged people for free who are part of the society is an evidence that ht company knows its responsibilities towards the society and is an example of corporate social responsibility.