A ________ explains how the different pieces of a business fit together.
A) business strategy
B) value model
C) business plan
D) business model

Question

Quizplus · Accepted Answer

A business model is a framework that outlines how a company operates, generates revenue, and makes a profit. It explains how the different components of a business interact and work together, including the target market, value proposition, revenue streams, and cost structure. A business model provides a holistic view of a company and helps to ensure that all aspects of the business are aligned and focused on the same goals.

A ________ Explains How the Different Pieces of a Business