Das Geschäftsmodell
Example: Das neue Geschäftsmodell hat den Umsatz deutlich gesteigert.
Definition
"Das Geschäftsmodell" refers to the plan or framework a business uses to generate revenue and create value. It outlines how a company operates, delivers products or services, and makes profit. For example, "Das Geschäftsmodell" helped increase the company's sales significantly.
Etymology
The German word "das Geschäftsmodell" combines "Geschäft," meaning business or transaction, and "Modell," meaning model. It literally translates to 'business model,' reflecting a structured approach to how a company conducts its affairs. Did you know that this term gained popularity with the rise of entrepreneurship and startup culture?
Learn to use this word actively
"Das Geschäftsmodell" appears in the Vocaplus list "German - Entrepreneurship - (A1-C2) - set 1", containing 109 commonly used words.
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business model