Which of the following is true about a revenue model?
A)It is the same as a business model.
B)It is a separate planning model from the business model.
C)It is minor component of the business model.
D)It is a key component of the business model.

Question

Quizplus · Accepted Answer

A revenue model is a key component of the business model as it details how the company will generate income from its products or services. It outlines the pricing strategy, sales channels, and customer segments. It is not the same as a business model, although it is a related aspect of it.

Which of the Following Is True About a Revenue Model