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business model
Sign in to saverationale of how an organization creates, delivers, and captures value in economic, social, cultural or other contexts
In the Vinony graph
Within Vinony's link graph, business model is referenced by 898 other articles, and connects out to business, nonprofit organization and customer relationship management.
It sits within the topics Business models, Strategic management and Types of marketing.
Its subject is documented across 47 Wikipedia language editions.
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- Business models
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Encyclopedic overview
Business model innovation is an iterative and potentially circular process. A business model describes how a business organization creates, delivers, and captures value, in economic, social, cultural or other contexts. The model describes the specific way in which the business conducts itself, spends, and earns money in a way that generates profit. The process of business model construction and modification is also called business model innovation and forms a part of business strategy.
In theory and practice, the term business model is used for a broad range of informal and formal descriptions to represent core aspects of an organization or business, including purpose, business process, target customers, offerings, strategies, infrastructure, organizational structures, profit structures, sourcing, trading practices, and operational processes and policies including culture.
Excerpted from Wikipedia’s “business model” article, available under the CC BY-SA 4.0 licence.