The best example of a Business model innovation is a ______________.
A) change to the traditional way of making money
B) change to the way you produce
C) change to the way you distribute your product
D) change to the way you package your product

Question

Quizplus · Accepted Answer

Business model innovation refers to a significant change in the way a company generates revenue, such as introducing a subscription-based model instead of relying on one-time sales. This is different from changes in production, distribution, or packaging methods, which may improve efficiency but do not fundamentally alter the way a company makes money.

The Best Example of a Business Model Innovation Is a ______________