What best describes a business model canvas?
Question: What best describes a business model canvas?
A business model canvas is a strategic management tool that provides a visual representation of a company's business model on a single page. It allows businesses to outline and analyze key elements such as customer segments, value propositions, channels, customer relationships, revenue streams, key activities, resources, partnerships, and cost structure. By using a business model canvas, organizations can gain a holistic understanding of their business model and identify areas for improvement or innovation.
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