Which of the following are described as parts of a Business Model?

• A. All of the above
• B. Describes how you operate
• C. Generates revenue and profit
• D. Delivers value at a reasonable cost

Answer: (A)

A business model is about how a company creates, delivers, and captures value. Describing how you operate captures the structure, processes, and activities that enable delivery of products or services. Generating revenue and profit addresses how the organization earns money and remains profitable. Delivering value at a reasonable cost speaks to the value offered to customers relative to the resources and expenses required to provide it. Put together, these aspects cover the full way a business functions and sustains itself. So all of the described elements fit as parts of a business model, making the combined option the best choice.