ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In the Barringer/Ireland Business Model Template, key assets can be ____
A
fixed, situational, variable, and permanent
B
tactical, strategic, fixed, and variable
C
tangible, intangible, variable, and fixed
D
temporary, permanent, fixed, and variable
E
physical, financial, intellectual, or human
Explanation: 

Detailed explanation-1: -The assets that a company holds that allow its business model to function are known as key assets. Physical, financial, intellectual, and human assets are all examples of assets.

Detailed explanation-2: -The resources section of the Barringer/Ireland Business Model Template includes three parts: core competency, key assets, and revenue streams.

Detailed explanation-3: -Revenue streams This is the last of the nine components of the Business Model Canvas. It describes how the company makes money from its target market.

There is 1 question to complete.