ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
A ____ describes how you intend to make money with your business concept.
|
|
brainstorm
|
|
|
trend
|
|
|
business model
|
|
|
prototype
|
Explanation:
Detailed explanation-1: -A business model is the conceptual structure supporting the viability of a business, including its purpose, its goals and its ongoing plans for achieving them. At its simplest, a business model is a specification describing how an organization fulfills its purpose.
Detailed explanation-2: -Identify your target market. Define the problem you will solve. Detail your unique selling proposition (USP) Create a pricing strategy. Develop a marketing approach. Establish operational practices. Capture path to profitability. Anticipate challenges. More items
Detailed explanation-3: -Business-To-Business Models (B2B): Business-To-Consumer Models (B2C): Subscription Based Models: On-DEMAND BUSINESS MODEL. 22-Aug-2022
There is 1 question to complete.