Chapter 14, Problem 3CQ

Program Plan Intro

EBusiness Model:

• An ebusiness model is a company’s plan for how it will create, deliver, and generates revenue on the internet and make a profit.
• It lays out a step by step plan of action for profitable operation of a business in a specific marketplace.
• The term business model is used to represent the core aspects of business which include purpose, strategies, business process infrastructure, trading practices, etc.
• Business model is divided into mainly four categories as follows:
  • Business-to-business (B2B)
  • Business-to-Consumer (B2C)
  • Consumer-to-business (C2B)
  • Consumer-to-consumer (C2C)

HelloFresh:

HelloFresh is a local food product company based in Berlin, Germany. It aims at providing all the households to enjoy wholesome home-cooked foods without any planning, shopping, and hassle required. The meals will be delivered to the customer’s door at the most convenient time for each subscriber.