MC Qu$.01-17$ A company's business model does not

A company's business model does not

Multiple Choice

constitute management's blueprint for delivering a valuable product or service to customers in a manner that will generate revenues sufficient to cover costs and yield an attractive profit.

reflect how efficiently a company can meet customer wants and needs even at the cost of incurring loss.

reflect management's storyline for how the strategy will be a moneymaker.

set forth the logic for how its strategy will create value for customers, while at the same time generates revenues sufficient to cover costs and realize a profit.

consist of two crucial elements:

$(1)$ its customer value proposition and

$(2)$ its profit formula.