Business model

A business model describes how a business organization creates, delivers, and captures value, in economic, social, cultural or other contexts. The model describes the specific way in which the business conducts itself, spends, and earns money in a way that generates profit. The process of business model construction and modification is also called business model innovation and forms a part of business strategy.

Extends: [Business models](https://wikipedia.org.ai/Business models), [Strategic management](https://wikipedia.org.ai/Strategic management), [Types of marketing](https://wikipedia.org.ai/Types of marketing)