A(n) _____ is a specific collection of business processes used to identify customers, market to those customers, and generate sales to those customers.
A) industry value chain
B) strategic alliance
C) revenue model
D) value-added network

Question

Quizplus · Accepted Answer

A revenue model is a specific collection of business processes that is designed to identify customers, market to those customers, and generate sales to those customers. It outlines how a company will generate revenue and is an essential component of a business plan. Examples of revenue models include subscription-based models, advertising-based models, and transaction-based models.

A(n) _____ Is a Specific Collection of Business Processes Used