Definition A description of the operations of a business including the components of the business, the functions of the business, and the revenues and expenses that the business generates.

The fundamental characteristics of the way an organization makes money, regardless of what product or service they sell. Amazon.com created a new business model by selling books over the internet. Netflix created a new business model by mailing - and later downloading - media content to your home, rather than going to your local rental store.

How an organization raises and spends money, or how an organization delivers and supports its activities through a cost structure and revenue strategy that comprises earned and contributed sources.

is the strategy that a company uses to generate revenue from its product or service offering.

a mechanism to illustrate various aspects of a service  - usually include aspects such as funding mechanisms, service approaches, management, accountability, sustainability, staffing, etc.

The way in which an organisation creates & delivers value to its customers and attracts them to pay for that value, in a manner that results in a profit.

A description of the operations of a business including the components of the business, the functions of the business, and the revenues and expenses that the business generates.

A business model is the strategy and format a business follows to earn money and provide value to its stakeholders. For example, Google derives most of the revenue from its widely used search engine (where you “google” a term to locate relevant online links) from the fees it charges advertisers to put their messages on the results pages.

A frequently misused business jargon term. A business model is …

A model of real-world objects and their interactions -or rather, some users' understanding of them [D'Souza&Wills 1999]