what do you mean by strategy?how is a business model different from a strategy
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Put succinctly, business model refers to the logic of the firm, the way it operates and how it creates value for its stakeholders. Strategy refers to the choice of business model through which the firm will compete in the marketplace.
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strategy is a plan of action designed to achieve a long-term or overall aim.the art of planning and directing overall military operations and movements in a war or battle
business model refers to the logic of the firm, the way it operates and how it creates value for its stakeholders. Strategy refers to the choice of business model through which the firm will compete in the marketplace.
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