B.1. Overview, Mission, and Goals

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    Stylianos Vourderis
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    Could give me a more clear definition about the difference between strategy and business model ?

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    Lynn Roden
    HOCK international

    Hello Stylianos Vourderis,

    A strategy is a detailed plan for achieving success. A company’s business model is its management’s view of how a set of strategies and capital investments fit together to generate above average profitability and profit growth. In other words, a business model is an overview of all the strategies and plans a company has developed.

    Lynn

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