Question: https://www.braeburnlangley.com/ Define the business model underlying The Braeburn? A business model is a management team's strategy for providing customers with a valuable good or service

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Define the business model underlying The Braeburn?

A business model is a management team's strategy for providing customers with a valuable good or service in a way that will generate enough revenue to pay expenses and produce a sizable profit. The two components of a business model are the profit formula and the customer value proposition. The customer value proposition outlines the company's strategy for meeting customers' demands and needs at a cost they will deem to be a good value. The company's method for choosing a cost structure that will enable respectable profits, given the pricing associated with its customer value proposition, is described in the profit formula.

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