The particular way in which a business organization ensures that it generates income, one that includes the choice of offerings, strategies, infrastructure, organizational structures, trading practices, and operational processes and policies.
Other Word Forms
Business-model Sentence Examples
Most organizations aren't sufficiently agile to shift as their product shifts, and so they may have the right product but the wrong business model.
Chesbrough states " An inferior technology with a better business model will often trump a better technology commercialized through an inferior business model.
Every business model has to make money somehow, that's how business works.