Business plan serves as documents which gives outline of strategy as well as goals of the firm.
Business model serve as term that describes outlines needs as well as the operation of the business and its expected revenue.
Business model can be regarded as an outline that states the plan of a company on how to make money with its product as well as customer base in a specific market.
Business model gives explanation on this four things, and they are;
- What product will be best for a company to sell.
- How these product will be marketed
- What are espenses to be incurred.
Business plan can be regarded as formal written document which states out the goals of a business as well as the methods needed in attaining those goals, with the needed time-frame.
Therefore, Business plan and Business model is the correct terms respectively.
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Explanation:
Philosophy tries to understand the reality in which we live in as well as our existence and what it means. Therefore, looking at it through as many perspectives as possible helps philosophers see the world through the eyes of different people whose experiences may affect the perspective drastically. These different data can be used and pieced together with their own philosophical ideas and views in order to come up with a new understanding of life.
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British Journal of Political Science
Vol. 26, No. 2 (Apr., 1996), pp. 269-283 (15 pages)
Published By: Cambridge University
Explanation:
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buisness failures
Explanation:
the stock market crashed everyone went out of buisness