Business Driven Technology
7th Edition
ISBN: 9781259567322
Author: Paige Baltzan Instructor
Publisher: McGraw-Hill Education
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Chapter 14, Problem 5RQ
Program Plan Intro
EBusiness Model:
- An ebusiness model is a company’s plan for how it will create, deliver, and generates revenue on the internet and make a profit.
- It lays out a step by step plan of action for profitable operation of a business in a specific marketplace.
- The term business model is used to represent the core aspects of business which include purpose, strategies, business process infrastructure, trading practices, etc.
- Business model is divided into mainly four categories as follows:
- Business-to-business (B2B)
- Business-to-Consumer (B2C)
- Consumer-to-business (C2B)
- Consumer-to-consumer (C2C)
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