What are the components of an effective business model?

What are the components of an effective business model?
MGT/418 Evaluating New Business Opportunit-Substantive
Include citation, page number and life experience to the text
Chapter 4
1. What are the components of an effective business model? 250 words2. Any topic 50 words3. Any topic 50 words4. Any topic 50 words
Chapter 5
1. Why is it important for firms to differentiate themselves from their competitors? 250 words2. Any topic 50 words3. Any topic 50 words4. Any topic 50 words
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