A business model is a firm's plan or diagram for how it competes, uses its resources, structures its relationships, interfaces with customers, and creates value to sustain itself on the basis of the profits it earns.

Name: A business model is a firm's plan or diagram for how it competes, uses its resources, structures its relationships, interfaces with customers, and creates value to sustain itself on the basis of the profits it earns.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement accurately defines a business model.

A Business Model Is a Firm's Plan or Diagram for How