Which of the following is true about a business model?
A) It only involves your go-to-market strategy
B) It is less important than your financial strategy
C) It drives financial strategies and outcomes
D) It is driven by financial models

Question

Quizplus · Accepted Answer

A business model is a plan for how a business will make money and achieve its objectives. It includes the company's value proposition, target customers, revenue streams, cost structure, and distribution channels. Financial strategies and outcomes are driven by the business model, as it dictates how the company generates revenue and manages costs. A strong business model is essential for a company's success.

Which of the Following Is True About a Business Model