A company's business model
deals with how it can simultaneously maximize profits, operate in a socially responsible manner, and keep its prices as low as possible.
sets forth how its strategy and operating approaches will create value for customers while at the same time generating ample revenues to cover costs and realize a profit.
concerns the actions and business approaches that will be used to create a winning strategy and deliver value to shareholders.
is management's storyline for how it will generate revenues ample to cover costs, keep prices as low as possible, and become the industry's market share leader.
concerns how management plans to maximize profits for shareholders and also deliver the best possible value to customers.