Business model Lecture from the Profs Flashcards
Does every organization need a business model?
Yes, all organizations need to know a) how to capture value b) how to deliver value to the customers and c) how to monetize that value
What is the criticism brought froth by Baden Fuller on Michale Porter?
They say that choice of the industry only accounts for 5% of profitability variance. the Business Model and its execution are much more important.
What is a Dyadic Business Model?
Where the customer pays directly
either in:
A) Products
B) Services
How does the Dyadic form look like?
What is the Tryadic Business Model type?
Where Multiple CUSTOMERS pay
How does the Tryadic Business Model look like?
How did the Business Models in the Early 20s Century look like?
How did the Business Models in the Late 20s century look like?
How do business models in teh early 21st century look like?
