A ________ is a strategic design for how a company intends to profit from its strategies,work processes,and work activities.
A)mission statement
B)master plan
C)business model
D)functional strategic plan

Question

Quizplus · Accepted Answer

A business model is a blueprint for how a company generates revenue and profits from its activities, products or services. It describes the value proposition, target customer segments, key partnerships, distribution channels, cost structure, and revenue streams of a business. A mission statement is a brief statement of the organization's purpose, while a master plan is a comprehensive long-term plan for achieving a specific goal. A functional strategic plan outlines specific actions or initiatives to achieve strategic goals in a particular functional area, such as marketing, finance, or operations.

A ________ Is a Strategic Design for How a Company