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Economics homework help

What is a “BUSINESS MODEL”?
Attached is the YouTube script 

  1. Why is a business model important?
  2. How are business models influenced by internal and external factors?
  3. Conduct a little research on models and discuss the difference between the product model and the marketing model. Is one model better than the other? Explain.
  4. https://youtu.be/XnLaQzi8xJc

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