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Question No: 1
MultipleChoice
Which option best best describes the relationship between business models and business architecture?
Options
Answer DExplanation
Business Architecture is a discipline that helps to design, analyze, and optimize the business model of an organization. It provides a holistic and shared understanding of the business strategy, capabilities, processes, information, and stakeholders.According to The Open Group2, Business Architecture ''describes how the enterprise needs to operate to achieve the business goals, and respond to the strategic drivers set out in the Architecture Vision''.Business Architecture also helps to assess the alignment and impact of the business model on different aspects of the organization, such as its infrastructure, customers, and finances
Question No: 2
MultipleChoice
Which of the following best describes what a business model is?
Options
Answer AExplanation
A business model is a plan that describes how a business intends to make money by providing value to its customers or clients. It defines the value proposition, the target market, the revenue streams, and the cost structure of the business.According to Investopedia1, a business model is ''a company's plan for making a profit.It identifies the products or services the business plans to sell, its identified target market, and any anticipated expenses