Explain the concept and use of business models. list and explain the four components of business models.

1. Explain the concept and use of business models.
list and explain the four components of business models.
2. Describe how business models vary in healthcare.
3. Describe how business models may provide a competitive advantage.
4. List the different types of strategies discussed in the chapter.
5. Provide an example of a first-mover strategy in healthcare.