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Business model analysis—why? Our enterprise solution? This information will benefit our organization?
Step by step
Solved in 2 steps
- What is the rationale behind conducting a business model analysis? How can the enterprise solution be visualized? Will this provide our organization with valuable information?What is a business model? Why is it important for a firm or Company to have a business model? Provide and discuss an example of a specific company's business model to illustrate your answer.Why will we assess any business model, and how will we view our business solution that will deliver actionable business insights?
- How does market planning contribute to achieving business objectives?Why do businesses need an intranet or extranet, and what are their advantages?What do you mean by an Enterprise System? What benefits a business organization can achieve by implementation of an Enterprise System in their organization
- "Acquiring, enhancing, and retaining profitable relationships with customers is key to any business growth." What method can help the organization in achieving this. Explain in brief?Match each business model type with the correct description. Remember to select a different business model type for each description. Business model type Product business model Multisided business model Solution business model Matchmaking business model Description A company controls a platform where sellers and buyers exchange products or services. A product or service is designed according to specifics defined by each customer. A product or service is offered to customers. A company provides different products and services to different groups of clients who gain some benefit from the existence of the other group of clients.What help is provided by a business model?
- How can a company effectively communicate its organizational plan to all levels of employees?Research Instacart’s business model. Would you invest in it, why or why not?Aside from business plan and financial aspect of the business, give one more thing thatneeds to prepare for starting a business. Explain your answer.