Which of the following is true about business models?
It is easier for established companies to make quick, efficient changes to their business models because they have better access to the necessary resources.
Established businesses do not need to make changes to their business models, because the fact that they are established suggests their model is appropriate.
A business model includes a network of activities and resources to create a sustainable and scalable business that delivers value to target customers.
Startups should not define a business model until they have established a customer base.
