Learning Objectives:
- Describe the environment in which business operates.
- Explain the internal structures of organizations.
Prompt:
- Why is a business model important?
- How are business models influenced by internal and external factors?
- Conduct a little research on models and discuss the difference between the product model and the marketing model. Is one model better than the other? Explain.
Instructions:
Your response must be in your own words. Your initial post should be 250 word minimum that reflects research and not opinion. Provide attribution for your learning.
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