business model
noun/ˈbɪznəs mɒdl/
/ˈbɪznəs mɑːdl/
- a plan for running a business, identifying where the money will come from, who the customers are, how they will be reached, etc.
- Many companies in Asia follow this business model.
- Adopt a new direction by rethinking your business model.
- We're developing a better business model for expanding our fibre optic network.
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business model