The abstract representation of the organization which is either conceptual or textual in nature encompassing all core interrelated architectural, operational and financial arrangements is referred to as a business model. This book elucidates new techniques and their applications in a multidisciplinary approach. It aims to present readers various models of this field of study used by experts over time for effective and efficient business practices. The various advancements in business models are glanced at and their applications as well as ramifications are looked at in detail. This book is a compilation of chapters that discuss the most vital concepts and emerging trends in the field of business models. Coherent flow of topics, student-friendly language and extensive use of examples make this book an invaluable source of knowledge.