Business model

Some thoughts from me who knows very little about business in the academic and experiential sense.

I define business as some sustainable activities that will benefit the community, not only the customers only.

I define business model as a design/structure where the give-and-take, the ecology system between departments/organizations, or the flow of resources (convertable to money) achieve the purpose of sustaining at the minimum and growing the business.

The dot.com bursted. However, working business models in the cyberspace have grown up within it.