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Provide a description of the ecommerce site "Spotify" in regards to a business exeuctive summary

Provide a description of the ecommerce site "Spotify" in regards to a business exeuctive summary

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Provide a description of the ecommerce site "Spotify" in regards to a business exeuctive summary 

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Step 1: Define business model:

A business model is a strategic framework that defines the value and purpose of a company A business model defines how an organization generates its revenue and aligns with all the aspects of the business. This alignment helps the organization increase efficiency and effectiveness by fulfilling the main goal or objective of the organization.

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