A group of shared business characteristics and behaviours is referred to as a business model.

Name: A group of shared business characteristics and behaviours is referred to as a business model.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. A business model refers to the framework or approach that an organization uses to create, deliver, and capture value. It includes factors such as the company's target market, revenue streams, cost structure, and overall strategy.

A Group of Shared Business Characteristics and Behaviours Is Referred