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Understanding the Entity's Business Model: Value Creation for Stakeholders
Which of the following is described by the entity's business model? How the entity's human resource function enables the entity to scout and retain the best talents in the market How the entity creates, preserves and captures financial or broader value for its stakeholders How the entity's public relations office is aligned with other departments How the entity plans to reach carbon-neutral goals

How the entity creates, preserves, and captures financial or broader value for its stakeholders is described by the entity's business model. The business model refers to the strategy and approach an entity uses to generate value for its stakeholders, including shareholders, customers, employees, and other interested parties.