A business model is:
A)a promotional gift offered by companies at Christmas time
B)a form of cash flow analysis
C)a framework for describing how value is created and captured
D)an idea for a new venture in the toy sector

Question

Quizplus · Accepted Answer

A business model is essentially a framework that describes how a company creates and captures value. It outlines the way a business plans to operate and generate revenue, including its target customers, pricing strategy, cost structure, and distribution channels.

A Business Model Is