A Business Model addresses some fundamental questions about the business. To be effective, a business model should address five basic questions, whose answers are the elements of the business model. By changing these elements a business can develop new business models.
What does a business offer?
Who does it offer the value?
How does it create value?
How does it distribute the value?
What does a business offer?
Who does it offer the value?
How does it create value?
How does it distribute the value?
How does it earn money?
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