It is TRUE that the basic idea dealing with how a business meets its customers' needs, the functions and operations that it organizes, and the finances is mostly captured in its business model.
- Basically, a business model is a profit-making plan. It expresses the products and services that a business has devised to meet customers' needs, using the bases of a given target market and expected costs.
- Differing components have been identified by various researches that form a business model. There is no general agreement as to what the components should be.
- However, the focus of a business model is on customers, infrastructure, and capturing value from business activities. These activities consume resources, which is at the center of the relationship between customers and value creation.
Thus, a business model is an important idea or plan that must be created at the beginning of a business to make it a value-creating venture.
Read more about an example of a business model at brainly.com/question/1171429
Answer:
Geodemographic; Lifestyle.
Explanation:
Geodemographics is the study of the population and its characteristics, divided according to regions on a geographical basis.
Lifestyle marketing is a process of establishing relationships between products offered in the market and targeted lifestyle groups.
Answer:
Hhmmm? What are you asking?
Explanation:
Answer:
The $286,900 is the net cash which is provided by the operating activities using the indirect method.
Explanation:
The computation of net cash provided by operating activities using the indirect method is shown below:
= Net income - decrease in accounts receivables - increase in prepaid expenses - increase in inventories
= $268,900 + $80,000 - $28,500 - $33,500
= $286,900
The decrease in accounts receivable impact the cash balance in a positive manner. So, it is added whereas, the increase in prepaid expenses and the increase in inventories have a negative impact on cash balance that's why it is deducted.
These transactions have an inflow and outflow of cash. That's why the adjustment is done accordingly
Hence, the $286,900 is the net cash which is provided by the operating activities using the indirect method.
