The business model that a company follows is generally spelled out by what?

A company's business model is generally spelled out by its value proposition, which defines how it delivers value to customers, and its revenue model, which outlines how it generates income. Additionally, key components such as target market, distribution channels, cost structure, and competitive advantage are crucial in detailing the overall strategy and operational framework of the business. Together, these elements provide a comprehensive view of how the company intends to succeed in its market.