Asked Jan 15, 2019

What is the purpose of Business Model Canvas?
How do I use it?


Expert Answer


Business Model Canvas: Business model canvas is defined as the strategic business management template cum tool that helps in developing new business model or documenting existing business model, such that it contains all the key building blocks of the business model which are essential for management review and taking forward for execution of the business model. Business model canvas contains all the key building blocks which are essential and required for the business model review and its progress.


Purpose of Business Model Canvas: The key purpose of the business model canvas is that it can show the business model in a one document to the reviewers like senior management etc., such that they can review all the k...

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