Assignment Student’s Name Institutional Affiliation Date 1) What is the difference between both a business strategy and a business model? A business strategy is a company’s working plan geared towards the achievement of goals, vision, objectives, financial optimization, and successful competition. Examples of a business strategy include sales, marketing, program, information, sustainability, and human resource. A business model, on the other hand, defines a rationale of how a company creates, captures, and delivers value in both social and economic contexts. Examples of a business model include the franchise, subscription, affiliation, and drop-shipping. While these two business aspects seem similar, it is evident that a business model differs