Question

explain the types of business models.​

Answer 1

Answer:

business model is an outline of how a company plans to make money with its product and customer base in a specific market. At its core, a business model explains four things:

What product or service a company will sell

How it intends to market that product or service

What kind of expenses it will face

How it expects to turn a profit

Because there are so many types of businesses out there, business models are constantly changing—and although we’ll discuss some of the most common types below—there is no one-size-fits-all model that can be applied to every business.

Explanation:

Explanation: Subscription Model. A subscription business model can be applied to both traditional brick-and-mortar businesses and online businesses alike. ... Bundling Model. ... Freemium Model. ... Razor Blades Model. ... Product to Service Model. ... Leasing Model. ... Crowdsourcing Model. ... One-for-One Model.

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