A business model is the translation of strategy into action,which details the firm's competitive tactics and initiatives.Another way to say this is ___________.
A) It's reliant on co-opetition to be successful
B) It's a crowdsourcing process for the firm
C) It's how the firm intends to make money
D) It's how network effects are taken into account

Question

Quizplus · Accepted Answer

A business model, at its heart, is how the firm does or intends to make money.

A Business Model Is the Translation of Strategy into Action,which