Answer: Business model
Explanation: A successful business model is one which makes more profits than it costs to produce the product. A person opening a restaurant only needs a standard business model while concentrating on significant techniques on different types of customers.
However, it is not used by new companies alone but can also be used by established companies who want to go into a new market. It helps to capture where a company is headed and the direction it will take you to get there.
Answer:
The correct answer is letter "A": business model.
Explanation:
A business model is a layout that describes all the aspects that imply handling a business: what product or service will be provided, to what consumers it will be directed, at what price, where and when it will be offered, how many employees will be necessary for the operations, what their salaries will be, how will the business be financed and how much capital will be necessary are questions that must be answered during this stage.
Creating a business model the more realistic possible increases the opportunities of success for the new business.
