A clearly articulated business model serves as an ongoing extension of feasibility analysis.

Question

Quizplus · Accepted Answer

A business model outlines how a company plans to generate revenue and create value for its customers. It helps to assess the feasibility of a business idea and serves as an ongoing guide for the company's operations, growth, and sustainability. Therefore, a well-defined business model can be seen as an extension of feasibility analysis.

A Clearly Articulated Business Model Serves as an Ongoing Extension