LO1: Identify basic business concepts.

Demonstrate understanding of business models used in various business organizations.
LO1: Identify basic business concepts.
LO2: Identify the main forms of business organizations.
Business Models provide a framework for how to make or how to sell. Watch the video and answer the questions below.
The Explainer: What is a Business Model?
Conduct a little research on business models. Provide an example of how the industry assigned to you uses either the product &/or marketing business model.
The assigned industry for you to focus on this weeks business model is Automobiles

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