A business model is a

A) plan that describes the organizational structure of the company.
B) plan for making a profit by generating revenues that are greater than costs.
C) plan to determine the strengths and viability of a company's organizational structure.
D) model that depicts the detail of an organization's workflow.
E) model that lists the details of all the employees of an organization.

Business Model

A conceptual framework that describes how a company creates, delivers, and captures value, outlining its products, customer base, and financial strategies.

Generating Revenues

The process of producing income for a business through its various operations.

Organizational Structure

The arrangement of duties, processes, reporting hierarchies, and communication pathways that connect the various segments within an organization.