What are the Fundamentals Concepts of a business ?
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the business concept is the fundamental idea behind the business. the business model,plan , vision and mission are developed based on this concept. UBER , for eg.was started on the concept of aggregating taxi drivers and providing their services on demand under one brand
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An idea for a business that includes basic information such as the service or product, the target demographic, and a unique selling proposition that gives a company an advantage over competitors. A business concept may involve a new product or simply a novel approach to marketing or delivering an existing product.
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