business model
noun /ˈbɪznəs mɒdl/
/ˈbɪznəs mɑːdl/
- a plan for running a business, identifying where the money will come from, who the customers are, how they will be reached, etc.
- Many companies in Asia follow this business model.
- Adopt a new direction by rethinking your business model.
- a business model for using electronic commerce