business model

Definition

A description of the operations of a business including the components of the business, the functions of the business, and the revenues and expenses that the business generates.

Use business model in a sentence

The business model was proven effective by the increased ability to meet increasing demand so we saw our efficiency increase.

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The Business Model for the company and each component has been reviewed , and approved for publishing and , distribution by the planning committee.

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In order to properly introduce my idea to investors I set up a complete business model of my vision to showcase my ideal projection of all functions of my company.

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