E2 - C1 - Elements of Business Models Flashcards

1
Q

The business model

A

Define
Create
Deliver
Capture

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2
Q

What is Value

A

Utility
Shared Value
Value Drivers
Time Period

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3
Q

Stage 1: Define Value

A

Identify Stakeholders
Prioritise Stakeholders
Identify their needs
Value Proposition

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4
Q

Stage 2: Create Value

A

Partners
Resources
Processes
Activities
Outputs

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5
Q

Stage 3: Deliver Value

A

Segments
Channels

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6
Q

Stage 4: Capture and Store Value

A

Cost model
Revenue model
Sharing

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7
Q

Different ways to expand a business

A

Build
Buy
Partner
Invest
Incubate

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