What is the difference between business strategies and business models?

A. Business strategies incorporate forms of traditional business advertising, while business models incorporate the use of social media.
B. Business strategies focus on specific aspects of a business, while business models focus on how different aspects affect the whole business.
C. Business strategies include long-term business plans, while business models include plans for daily business functions.
D. Business models focus on specific aspects of a business, while business strategies focus on how different aspects affect the whole business.

Answer: B. Business strategies focus on specific aspects of a business, while business models focus on how different aspects affect the whole business.

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ayfat23 ayfat23 · Answer 2 · 2022-05-12T11:48:30+02:00

Difference between business strategies and business models is B. Business strategies focus on specific aspects of a business.

What are business strategy and business models ?

A business strategy serves as an outline of the actions aswell as decisions a company to reach goals and objectives.

Business models on the other hand seeves as company's plan for making a profit.

Therefore, Difference between business strategies and business models is Business strategies focus on specific aspects of a business.

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