Business Model

 Business Model 

Introduction 

A business model involves strategies for generating revenue and includes a framework for delivering value to customers while maintaining a competitive advantage. 

Key Components 

This model integrates several components to ensure the sustainability and growth of the enterprise: 

  • Market research 

  • Product development 

  • Customer engagement 

  • Financial planning 

Adapting to Market Trends 

By continuously adapting to market trends and consumer demands, a business model can promote innovation and operational efficiency.