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... > social science subjects > business and management > entrepreneurship > new venture management > entrepreneurship financing and economic development > business models

Preferred term

business models  

Definition

  • A business model represents how a business will make money and remain profitable across time. The choice, by managers and entrepreneurs of different business models, represents the most fundamental strategic question that a business needs to answer. [Source: Encyclopedia of New Venture Management; Business Models]

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https://concepts.sagepub.com/social-science/concept/business_models

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