Business model

Description

Understand the different ways in which companies generate revenues. Consider the sector, the dynamics of the industry, and the idiosyncrasy of the company.

Alternative labels

model for business
business models
business design

Skill type

knowledge

Skill reusability level

occupation-specific

Relationships with occupations

Essential knowledge

Business model is an essential knowledge of the following occupations:

Optional knowledge

Business model is optional for these occupations. This means knowing this knowledge may be an asset for career advancement if you are in one of these occupations.

Advertising media planner: Advertising media planners advise on the best communication media platforms to convey ideas. They analyse advertising plans in order to assess the aim and objective of the marketing strategy. They assess the potential and response rate that different communication channels might have on the transmission of a message related to a product, company, or brand.

 


 

References

  1. Business model – ESCO

 

Last updated on September 20, 2022