Understanding Business Models, Porter’s Value Chain Model, And Hybrid Cloud Technology Essay.
Components of a Business Model
Business model is a structured plan on what and how a business is working on a project with a view of getting maximum profit.
9 Components of a business model
1. Customer segments: This component is key to every business and it is very vital for a business to identify, build relationships and satisfy their target customers.
2. Value propositions: a company should always consider finding solutions to …
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