Gamble, Thompson, & Peteraf (2015) maintain that an important relationship exists between a firms strategy and its business model. Gamble and Thompson define a Business Model as Managements blueprint for delivering a product or service to customers that will generate revenues sufficient to cover costs and yield an attractive profit (p. 8). They go on to describe the Business Model Elements as (1) The firms customer value proposition for satisfying buyer wants and needs at a perceived good value, and (2) The firms profit formula that sets out how the firms cost structure allowing for acceptable profits given the pricing tied to its customer value proposition.

Can some help me answer this question as if they were working in a highschool.

Describe your current organizations Customer Value Proposition and Profit Formula. If you are not currently employed, describe this information for a previous employer. Share a little about why you believe these strategies were selected.