A "business model" describes the overall configuration of a firm's business system.

Name: A "business model" describes the overall configuration of a firm's business system.
Brand: Quizplus
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A business model is a conceptual framework that defines the way a company creates value, delivers it to customers, and captures revenue for that value. It includes elements such as the company's target market, value proposition, revenue streams, cost structure, and channels of distribution.

A "Business Model" Describes the Overall Configuration of a Firm's