Week 1

Question 1

Bocken - Business Models 3 Key components

Answer 1

1. value proposition
   - product/service offering
   - customer segments
2. value creation & development
   - key activities
   - resources
   - paretners
3. value capture
   - cost structure
   - revenue streams

Question 2

Bocken - a sustainable business requires (FDR)

Answer 2

• fundamental shift in the purpose of the business
• development of innovative sustainable business models
• Re-conceptualization of the concept and perception of value

Question 3

Bocken - a future sustainable economy requires new goals, priorities and a future business system that (EPEO)

Answer 3

• encourages minimizing cunsumption
• prioritizes social and environmental benefits over economic growth
• emphasizes the delivery of functionality rather than product ownership
• operates on a closed loop