A business model is a written document that describes all the aspects of a business venture in a concise manner.

Name: A business model is a written document that describes all the aspects of a business venture in a concise manner.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A business model outlines how a company creates, delivers, and captures value, but it is not necessarily a written document. A business plan, on the other hand, is a detailed written document that describes all aspects of a business venture.

A Business Model Is a Written Document That Describes All