Business models are the frameworks that companies use to generate revenue and make a profit. There are many different types of business models, each with its own strengths and weaknesses.
One of the most common business models is the product-based business model. This model is used by companies that sell physical goods or services. These companies typically rely on manufacturing or production processes to create their products, and then sell them through a variety of channels such as retail stores, online marketplaces, or direct to consumers. …
