E2 - C1 - Elements of Business Models Flashcards
1
Q
The business model
A
Define
Create
Deliver
Capture
2
Q
What is Value
A
Utility
Shared Value
Value Drivers
Time Period
3
Q
Stage 1: Define Value
A
Identify Stakeholders
Prioritise Stakeholders
Identify their needs
Value Proposition
4
Q
Stage 2: Create Value
A
Partners
Resources
Processes
Activities
Outputs
5
Q
Stage 3: Deliver Value
A
Segments
Channels
6
Q
Stage 4: Capture and Store Value
A
Cost model
Revenue model
Sharing
7
Q
Different ways to expand a business
A
Build
Buy
Partner
Invest
Incubate