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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

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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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
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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