Definition of business model in English:

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business model

noun

A plan for the successful operation of a business, identifying sources of revenue, the intended customer base, products, and details of financing.
Example sentences
  • The franchising business model has flourished in Ireland over the last decade.
  • The company is changing its business model away from reliance on revenue sharing.
  • Analysts said the City would watch closely to see which business model worked out better.
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