Define the term business model. How can entrepreneurial firms benefit by developing and using a business model?
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Define the term business model. How can entrepreneurial firms benefit by developing and using a business model? What are the downsides for entrepreneurial ventures when an effective business model isn’t put in place?
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Business Model A business model is a strategic framework that outlines how a company creates delivers and captures value It encompasses the key compon...View the full answer
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Related Book For 
Entrepreneurship Successfully Launching New Ventures
ISBN: 9780132555524
4th Edition
Authors: Bruce R. Barringer, R. Duane Ireland
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