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There is more than one correct answer 7 . There are some descriptions related to business mode. Please choose the correct answer ( s )
There is more than one correct answer
There are some descriptions related to business mode. Please choose the "correct" answers from the answers provided below.
A For an established business, regularly updating its business model is essential practice to prevent any chances of missing anticipation of new trends and challenges ahead.
B Business models are used to describe and classify businesses, especially in an entrepreneurial setting, but they are also used by managers inside companies to explore possibilities for future development.
C Business models help investors evaluate companies that may be interesting and attractive and may aspire employees to join or stay longer.
D The nine elements of the Business Model Canvas should be considered independently, and isolation thinking may help decision makers to strengthen their BMC for achieving higher performance.
E All of the above.
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