Define business model and discuss why a business model is important.

1. Please define strategy and discuss why strategy is important.

• Ensure your response is between 100 – 200 words in length.

• Each answer should clearly address the question and provide a detailed discussion.

• The definitions and examples should be sourced from the class textbook ( will be provide as a pdf version), while the discussion should come from your thoughts.

• DO NOT use Wikipedia, general encyclopedias, etc. for answering these questions.

2. Please define business model and discuss why a business model is important.

o Ensure your response is between 100 – 200 words in length.

o Each answer should clearly address the question and provide a detailed discussion.

o The definitions and examples should be sourced from the class textbook ( will be provide as a pdf version), while the discussion should come from your thoughts.

o DO NOT use Wikipedia, general encyclopedias, etc. for answering these questions.

** Answer each question as separate, it is not essay so you do not need to write any introduction or conclusion

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