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In: Operations Management

Capstone homework: write a literature review for a Tax Business Plan

Capstone homework: write a literature review for a Tax Business Plan

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Expert Solution

The tax business plan describes the reasons for how organizations are created, distributed and captured in values ​​in their economic, social, cultural or other contexts. The process of building and modifying a business model is called business modeling and part of the business strategy.
In theory and practice, the term business model is used for many informal and formal descriptions to represent key aspects of the business, including the purpose, business, customer, goals, strategies, strategies, infrastructure, supply structures, business practices and operations. Processes and policies including culture.

Many different interpretations and definitions of the business model are provided in the literature. Systematic monitoring and analysis of the responses of the surveyers determines business models, such as organizational structure, to guide business opportunities. The extension of logic to this design emphasizes the use of narrative or coherence in describing business models as the mechanism by which entrepreneurs create successful companies.

Business models are used to describe and classify businesses, especially in entrepreneurial situations, but they are also used by managers in companies to explore opportunities for future development. A well-known business model can work as a "recipe" for creative managers. In some cases, the business model is indicated in the accounting context for public reporting purposes.


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