Match the description on the left with the correct business model on the right. Description A business model is a shared image representing the business activities and their interconnection in the purpose of creating value. A business model is a tool that shows how a business works by articulating its blocks and defining a value proposition. A business model is the way in which a firm makes money - providing products or services to clients. Business model Conceptual representations of how an organisation functions Attributes of real firms Cognitive/linguistic schema
Match the description on the left with the correct business model on the right. Description A business model is a shared image representing the business activities and their interconnection in the purpose of creating value. A business model is a tool that shows how a business works by articulating its blocks and defining a value proposition. A business model is the way in which a firm makes money - providing products or services to clients. Business model Conceptual representations of how an organisation functions Attributes of real firms Cognitive/linguistic schema
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
![Match the description on the left with the correct business model on the right.
Description
A business model is a shared
image representing the business
activities and their interconnection
in the purpose of creating value.
A business model is a tool that
shows how a business works by
articulating its blocks and defining a
value proposition.
A business model is the way in
which a firm makes money -
providing products or services to
clients.
Business model
Conceptual representations of how an organisation functions
Attributes of real firms
Cognitive/linguistic schema](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0a1276eb-9acf-45c7-b504-61e8ac41cbcf%2F824e0c72-1327-4262-8f22-b091e14789dc%2Fq6yg1yf_processed.png&w=3840&q=75)
Transcribed Image Text:Match the description on the left with the correct business model on the right.
Description
A business model is a shared
image representing the business
activities and their interconnection
in the purpose of creating value.
A business model is a tool that
shows how a business works by
articulating its blocks and defining a
value proposition.
A business model is the way in
which a firm makes money -
providing products or services to
clients.
Business model
Conceptual representations of how an organisation functions
Attributes of real firms
Cognitive/linguistic schema
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