A companys business model

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Reference no: EM13842511

A company's business model

a. concerns the actions and business approaches that will be used to grow the business, conduct operations, please customers, and compete successfully

b. relates to the principle business components that will allow the business to generate revenues ample to cover costs and produce a profit.

c. concerns what moves in the marketplace it plans to make to outcompete rivals.

d. deals with how it can simultaneously maximize profits and operate in a socially responsible manner.

Reference no: EM13842511

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