Which of the following is not a key element of a business model?
A. value proposition
B. competitive advantage
C. market strategy
D. universal standards
Answer: Option D
Solution (By Examveda Team)
Universal standards is not a key element of a business model.8 Key Elements of a business model and types of E commerce Business models are
1) Value Proposition.
2) Revenue Model.
3) Market Opportunity.
4) Competitive Environment.
5) Competitive Advantage.
6) Market Strategy.
7) Organizational Development.
8) Management Team.
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