What does business model mean?

Definitions for business model
busi·ness mod·el

This dictionary definitions page includes all the possible meanings, example usage and translations of the word business model.

Wiktionary

  1. business modelnoun

    The particular way in which a business organization ensures that it generates income, one that includes the choice of offerings, strategies, infrastructure, organizational structures, trading practices, and operational processes and policies.

Wikipedia

  1. Business model

    A business model describes how an organization creates, delivers, and captures value, in economic, social, cultural or other contexts. The process of business model construction and modification is also called business model innovation and forms a part of business strategy.In theory and practice, the term business model is used for a broad range of informal and formal descriptions to represent core aspects of an organization or business, including purpose, business process, target customers, offerings, strategies, infrastructure, organizational structures, sourcing, trading practices, and operational processes and policies including culture.

Wikidata

  1. Business model

    A business model describes the rationale of how an organization creates, delivers, and captures value. The process of business model construction is part of business strategy. In theory and practice the term business model is used for a broad range of informal and formal descriptions to represent core aspects of a business, including purpose, offerings, strategies, infrastructure, organizational structures, trading practices, and operational processes and policies. The literature has provided very diverse interpretations and definitions of a business model. A systematic review and analysis of manager responses to a survey defines business models as the design of organizational structures to enact a commercial opportunity. Further extensions to this design logic emphasize the use of narrative or coherence in business model descriptions as mechanisms by which entrepreneurs create extraordinarily successful growth firms. Whenever a business is established, it either explicitly or implicitly employs a particular business model that describes the architecture of the value creation, delivery, and capture mechanisms employed by the business enterprise. The essence of a business model is that it defines the manner by which the business enterprise delivers value to customers, entices customers to pay for value, and converts those payments to profit: it thus reflects management’s hypothesis about what customers want, how they want it, and how an enterprise can organize to best meet those needs, get paid for doing so, and make a profit.

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Numerology

  1. Chaldean Numerology

    The numerical value of business model in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of business model in Pythagorean Numerology is: 4

Examples of business model in a Sentence

  1. Cantor Fitzgerald analysts:

    Nonetheless, these results demonstrate the resilience of the Ryanair business model and we expect consensus forecast to be unchanged at this time.

  2. David Fang:

    Pinduoduo reached out to us and said they want to have a manufacturer-to-consumer business model. Considering they are doing very well in lower tier cities and have fewer partners in home appliances (than other e-commerce firms) we decided to work with them.

  3. Kevin Bellicourt:

    It makes a team like Spire have a business model where, in three years, we feel like we can be a top 15 Cup team. With this car, that's possible.

  4. Jeev Trika:

    Google’s business model isn’t, at the end of the day, providing a free search engine or publishing data, it’s selling advertisements, the free search engine is merely a vehicle for doing so. Google has an economic reason to deny legitimate Web publishers who are promoting SEO placement in the SERPs so that they can sell more advertisements, but that type of anti-competitive action should not be protected by the First Amendment.

  5. Roger Kay:

    The designers of technology explicitly made their devices/services/software addictive because that is a great business model, marketing expense is minimal once the user is hooked. In fact, addictive drugs and technology are practically the only domains where we call customers' users'.


Translations for business model

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"business model." Definitions.net. STANDS4 LLC, 2024. Web. 8 May 2024. <https://www.definitions.net/definition/business+model>.

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