Why is it important to craft a business model?

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

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

c$.$ 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

d$.$ because it is a part of an operrating model that focuses on delivering excellence and creating value for external shareholders and internal labor force

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