Respondent

Definition

VMEBF

The business model describes the basic principle of how an entity generates or preserves value (e.g. in terms of cash flows).

Autorité des Normes Comptables

The business model is the way the entity generates its cash flows and creates value.

Banco Bradesco

A business model that we would define is the way the company collects the cash flow from assets/liabilities.

Business Europe

We think that the term “business model” describes how an entity preserves or increases value and generates cash flows.

Canadian Bankers Association

With regards to defining the term “business model”, we believe that a business model is how an entity creates value and generates cash flows.

Canadian Accounting Standards Board

The business model is a choice made by management on how to manage the entity’s assets and operations.