[SOLVED] A company's business model
sets forth how its strategy and operating approaches will create value for customers while at the same time generating revenues sufficient to cover costs and realize a profit.
describes the actions that will be taken to satisfy the three tests of a winning strategy.
concerns the strategy and business approaches that will be used to attract customers, become the market share leader, and earn appealing profits.
deals with how it can simultaneously maximize profits and deliver good value to customers.
concerns what strategic initiatives and business approaches will be employed to simultaneously produce a sustainable competitive advantage, grow revenues and profits, and deliver good value to customers.
