wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A combination of several finite working together to build or buy something is known as ______________.

A
Business Model
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Business Portfolio
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Combination
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Consortium
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Business Model
A business model describes the rationale of how an organization creates, delivers, and captures value, in economic, social, cultural or other contexts. The process of business model construction and modification is also called business model innovation and forms a part of business strategy.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Importance and Features of Business Environment
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon