A good working model must be exact enough to give us answers to how things will work yet flexible enough to allow for adjustments and changes." Consumer Mobile Number Database In case all of the grammar in the definition above didn't sink, here's one that might sink. I'm sure you are very familiar with models, Consumer Mobile Number Database they come in different categories; we have beauty models, fashion models and role models. Picture a fashion model for example, Consumer Mobile Number Database what do they do?
They basically portray how a particular design of an apparel or clothing will look like when worn in real life. They are in other words, Consumer Mobile Number Database the representation of what the cloth will look like on your body. Merely looking at them gives you a clue of how it would look on you even though you haven't actually worn the cloth or apparel yourself. Consumer Mobile Number Database A model works basically in the same manner. Consumer Mobile Number Database Looking at another example, role models, we all know what they are meant for. They are the physical representations of what we would like our life to look like when it is finally done.
Consumer Mobile Number Database They give us a clue that when we lead our life in a particular way just as that of our role model, eventually we'll be just like them. Consumer Mobile Number Database The same again, is how models in business work. They give us a mental clue, representation or interpretation of what a concept, idea, principle, thought, philosophy etc. Consumer Mobile Number Database will look like in reality. The definition of a Business Model In the words of Seth Godin, an international bestselling author of 12 business books, entrepreneur and agent of change; " This classic MBA phrase describes how you set up a business so you can get money out of it.