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EA final exam

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Question:

Relationship between Business model, strategy and tactic

Author: Danny Terro 3902



Answer:

•Business model is a reflection of its realized strategy. • Strategy refers to the contingent plan about which business model to use. • Business models determine the tactics available to compete in the marketplace. • For instance, Metro, the world’s largest newspaper, has created an ad-sponsored business model that dictates that the product must be free.


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