HCM202_-_SP23_-_FE_2_101.webp
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HCM202_-_SP23_-_FE_2_101.webp

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A cost structure is all costs incurred to operate a business model. By creating and delivering value, maintaining customer relationships, and generating revenue all incur costs. Costs can be calculated relatively easily after defining key resources, key activities, and key partnerships Cost-driven business models focus on minimizing costs wherever possible.

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