Revenue-cost -profit economics of strategy


A company's business model:

1) Concerns the game plan a company's management is using to stake out a market position, operate the business, and complete successfully.

2) Deals with whether the revenue-cost -profit economics of its strategy demonstrate the viability of the business enterprise as a whole-in effect, it is management's plan for making money in a particular line of business

3) Concerns what combination of competitive moves it plans to make to outmaneuver its rivals

4) Deals with how it can simultaneously maximize profits and operate is a socially responsible manner that keeps its prices as low as possible

5) Concerns how to balance strategic objectives against financial objectives.

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Strategic Management: Revenue-cost -profit economics of strategy
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