How is a strategy different from a business model?

Discussion 

1.2 How is a strategy different from a business model? How is it similar?Discussion 1.2In what situations is top-down planning likely to be superior to bottom-up strategy development?Discussion 2.2Why is it important for an organization to study and understand its external environment?Discussion Participation Instructions When you are the first to contribute to the discussion, you will see only the + Respond link If others have posted, you will see their comments, along with the + Respond link If there is more than one topic for discussion, the first topic is displayed. To select a different topic, click on the corresponding link in the Topics list. The + Respond link – as well as any responses – will be displayed at the bottom of the page If you do not see the + Respond link, or any responses, you may need to scroll down the page