Why is it important to craft a business model?

a$.$ because it sets forth management's game plan for maximizing profits for shareholders

b$.$ Decause it details exactly how management's strategy will result in the achievement of the company's strategic intent

c$.$ Decause it is a part of an operating model that focuses on delivering excellence and creating value for external shareholders and internal labor force

$$ d$.$ because it sets forth the key components of the enterprise's business approach, indicates how revenues will be generated, and makes a case for why the strategy can deliver value to customers in a profitable manner

$$ e$.$ because it sets forth management's long$-$term action plan to match the business standards set by formidable rivals