m2 Flashcards

1
Q

A company that is constantly reinventing itself before becoming obsolete. It explores the future while being the best at exploiting the opportunities of the present.

A

invisible company

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2
Q

A strategic management tool designed to visualize, analyze and manage business models

A

portafolio map

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3
Q

in what consist the project management

A

visualice, analyze and manage

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4
Q

types of pivoting

A

frontstage, backstage and profit formula

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5
Q

radical change in how value is created

A

backstage

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6
Q

radical change in how profit is generated

A

profit formula

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7
Q

radical change in who is targeted

A

frontstage

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8
Q

A simple, easily comprehensible and relevant workspace that divides the business model into 9 basic modules that reflect the logic behind the procurement of income

A

Osterwalder canvas

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9
Q

created by the Social Innovation Lab. It has more components, because it takes into account those aspects that help the business impact beneficiaries instead of creating profits.

A

social bussines canvas

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10
Q

tool to build the storyline of your pitch, covering all essential building blocks: problem, solution, business model, credibility, and call to action.

A

pitching canvas

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11
Q

helps you reflect on your innovation efforts, so you can see missing components and understand connections better. The Canvas is best filled in from the outside-in, so start with the Strategy and the Market, then go into Trends, Products, Network, Technology & IP, Process, Culture and fill in the People last.

A

open innovation canvas

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12
Q

If their needs are different
If you need different channels to get to them
If their rate of profitability is different
If they need a different type of relationship

A

customer segments

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13
Q

A group of products/services that satisfy the needs of a market segment.

A

value proposition

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14
Q

Points or manner of contact between a business and its customers.

A

channels

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15
Q

The way a company maintains interaction with its customers.

A

customer relationships

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16
Q

The flow of money and how it enters the company

A

revenue streams

17
Q

The most important assets that a company needs for its business model to work.

A

ket resources

18
Q

The most important actions a company must take to make its business model work.

A

key activities

19
Q

the network of partners and suppliers that help optimize the model, reduce risks or acquire resources that couldn’t be acquired by any other way.

A

key partnerships

20
Q

The creation and the maintenance of client relationships or revenue streams generate costs. Some business models implicate more costs, and some are dedicated solely to maintaining them as low as possible.

A

cost structure