Improve your search results. Select your educational institution and subject so that we can show you the most relevant documents and help you in the best way possible.
Ok, I understand!
Your school or university
Improve your search results. Select your educational institution and subject so that we can show you the most relevant documents and help you in the best way possible.
E-commerce 2013, 9e (Laudon/Traver)

Chapter 2 E-commerce Business Models and Concepts



1) A value proposition defines how a company's product or service fulfills the needs of a customer.

Answer: TRUE





2) The terms revenue model and financial model can be used interchangeably.

Answer: TRUE





3) In order to be considered successful, a firm must produce returns greater than alternative investments.

Answer: TRUE





4) An asymmetry exists whenever one participant in a market has ...
TestBank CH 2-7 - MCQ & TF ONLY Exam (elaborations) ECOM101
Last document update:
ago
E-commerce 2013, 9e (Laudon/Traver)

Chapter 2 E-commerce Business Models and Concepts



1) A value proposition defines how a company's product or service fulfills the needs of a customer.

Answer: TRUE





2) The terms revenue model and financial model can be used interchangeably.

Answer: TRUE





3) In order to be considered successful, a firm must produce returns greater than alternative investments.

Answer: TRUE





4) An asymmetry exists whenever one participant in a market has ...
How much did you already spend on Stuvia? Imagine there are plenty more of you out there paying for study notes, but this time YOU are the seller. Ka-ching!
Want to regain your expenses?
How much did you already spend on Stuvia? Imagine there are plenty more of you out there paying for study notes, but this time YOU are the seller. Ka-ching!
Discover all about earning on Stuvia