Barringer Ireland Business Model Template LINK

Barringer Ireland Business Model Template LINK

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Which of the following is the most realistic use of a business plan?A) it is for a large corporation that has been in business for a long time; it is used to attractfundingC) it is for a new firm that is developing a brand; it is used to attract customersD) it is for a new firm that is pursuing a strategy; it is used to attract shareholdersE) it is for a new firm that is pursuing a strategy; it is used to attract investorsAnswer: EDiff: 1 Page Ref: 121LO: 4: Explain the components of the Barringer/Ireland Business Model Template thatentrepreneurs can use to develop a business model for their firm.AACSB: Reflective Thinking

The purpose of the Business Model Canvas is to_____.A) help users develop a model for their firm; it is a framework to be used to think about thebusiness concept.B) help users develop a business model for their firm; it is a framework that helps users think aboutthe concept of the business.C) help users develop a business model for their firm; it is a framework to be used to think about thebusiness concept.D) help users develop a business model for their firm; it is a framework that helps users think about theconcept of the business.E) help users develop a business model for their firm; it is a framework to be used to think about theconcept of the business.F) help users develop a business model for their firm; it is a framework to be used to think about thebusiness concept.Answer: FDiff: 1 Page Ref: 123LO: 4: The purpose of the Business Model Canvas is to______________.AACSB: Reflective Thinking

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