ENT-436 Final Business Model- Jazmin Moreno

docx

School

Grand Canyon University *

*We aren’t endorsed by this school

Course

436

Subject

Business

Date

Jun 26, 2024

Type

docx

Pages

Uploaded by jazminlopez596

1 Final Business Model Canvas Jazmin Moreno GCU ENT436 Dr. Keller March 31, 2024

FINAL BUSINESS MODEL CANVAS 2 Summary Artificial intelligence has become more popular in our world today. Because of this, the jobs of people have been decreasing, due to the technological advances that AI brings. Those who work in white collar jobs have been the most affected. However, with this business model, a proposal for a solution will be established. In this proposal, real life employees interact and work efficiently with the existence of artificial intelligence in their workplace (Perna, 2023). The key partnerships that would help this be successful are technology companies who will help employees become familiar with AI networks. Familiarizing themselves with these technologies will help employees become more comfortable, and practicing these solutions often will later lead to a smooth transition between the changes (HBR, 2019). The most significant cost structure in this proposal will be the amount used for training programs to help employees gain knowledge, as it will be a big investment eventually. These resources will be enforced by the corporate team and its universities. In this proposition, customers will be given exceptional services that will be given by both artificial intelligence and real-life people. This will provide customers with great experiences that will lead them to become lifelong consumers. The overall purpose of providing these services will be to create a great reputation for the company. While making such proposals, it is also a goal to create customer relationships that are personable and genuine. Building connections with customers is highly significant as this is what is expected by the target audience based on their reputation of personability. In order to reach such customers, the company will advertise with direct marketing, as consumers would be able to access such services at their own convenience. Those who will be targeted would be men and women in the workforce and people of ages eighteen and older. In order to achieve certain revenue, there will be goals set each month, and they will be reached depending on the effort made by employees.

FINAL BUSINESS MODEL CANVAS 3 The services provided will also play a role in the overall revenue, as customers will continue to come depending on their firsthand experiences. Overall, if all the goals in this proposal are reached, artificial intelligence and real-life people will work together in an effective way, and it will later lead to remarkable success for the company, along with a great reputation.

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

FINAL BUSINESS MODEL CANVAS 4 Key Partnerships When partnering with others, the company I would choose is NVIDIA. They are a company that create pioneered accelerated computing to tackle challenges no one else can solve (NVIDIA, 2024). Cost Structures The biggest cost structure is employee training programs. These training programs will educate employees on artificial intelligence computer systems, and it will train them to properly operate a company with the assistance of AI systems. Key Activities Daily practice would be a significant activity in the company, as it will allow employees to become comfortable with the advanced technology of AI. Key Resources Training programs are a key resource to the overall success of the business. These programs can be obtained and created at the corporate level of a company, including human resources. Value Propositions The most valued proposition in this business is its customers, without customers, the company is not able to run. Therefore, consumers will be treated with the upmost respect and will be provided with exceptional service by both AI and real-life employees. Customer Relationships Customer Relationships will be highly prioritized, and all members of the company will pursue genuine connections with consumers. Doing so will create an incredible reputation, due to its personable environment.

FINAL BUSINESS MODEL CANVAS 5 Channels Direct marketing will be the main distribution channel. Services will be available to customers at their convenience, during business hours. Customer Segments Customers over the age of 18, and those in the workforce are the main target audience for this company. Revenue Streams Lastly, in order to maintain a successful business, there must be incoming revenue. In order to reach such revenue, monthly goals will be established. These goals will be met, and the results will reflect the work and services performed by all members of the company.

FINAL BUSINESS MODEL CANVAS 6 References HBR. (2019, November 19). How humans and ai are working together in 1,500 companies . Harvard Business Review. https://hbr.org/2018/07/collaborative-intelligence-humans-and- ai-are-joining-forces IDEO. (2015). Field guide to human-centered design - cloudfront.net. https://d1r3w4d5z5a88i.cloudfront.net/assets/guide/Field%20Guide%20to%20Human- Centered%20Design_IDEOorg_English-0f60d33bce6b870e7d80f9cc1642c8e7.pdf NVIDIA. (2024). About Us . https://www.nvidia.com/en-us/about-nvidia/#About%20Us Osterwalder, A., Pigneur, Y., Bernarda, G., & Smith, A. (2014). Value proposition design. Wiley. ISBN-13: 9781118968055 Perna, M. C. (2023, September 21). The steps you can take today to protect your job from ai . Forbes. https://www.forbes.com/sites/markcperna/2023/09/19/the-steps-you-can-take- today-to-protect-your-job-from-ai/?sh=2cdab1024147 Shweta. (2024, February 28). How to write an effective business proposal . Forbes. https://www.forbes.com/advisor/business/how-write-business-proposal/

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

Related Documents

Starbucks.docx

assessment 4161.docx

Automatizada 6. matemáticas financieras.pdf

Screenshot 2024-06-24 at 6.52.35 PM.png

BUSN311_U3_IP .docx

assessment 4103.docx

POLITICA 4.pdf

CJ 308 Module 6 Assignment.docx

final paper business law.docx

D079 Task 1- Taylor Mays (final).docx

BUS225_Module_Four_Assignment (1).docx

AVM1 Task 1- Memo (Taylor Mays) _ References Page Added.docx

Recommended textbooks for you

Understanding Management (MindTap Course List)

Management

ISBN:9781305502215

Author:Richard L. Daft, Dorothy Marcic

Publisher:Cengage Learning

Management, Loose-Leaf Version

Management

ISBN:9781305969308

Author:Richard L. Daft

Publisher:South-Western College Pub

Principles of Management

Management

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax College

Marketing

ISBN:9780357033791

Author:Pride, William M

Publisher:South Western Educational Publishing

SEE MORE TEXTBOOKS

Recommended textbooks for you

Understanding Management (MindTap Course List)
Management
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Cengage Learning
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing