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In the context of biotechnology, what accurately describes a 'Business Model'? Group of answer choices A strategic plan that outlines the company's approach to research

In the context of biotechnology, what accurately describes a 'Business Model'? Group of answer choices A strategic plan that outlines the company's approach to research and development activities. A detailed description of the company's laboratory equipment and technology. A conceptual framework that outlines how a company creates, delivers, and captures value, including its approach to innovation, market engagement, and revenue generation. The organizational structure and hierarchy of the company

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