Q.3 How do the nine sections lead to a better understanding of the business mode

Question

Q.3 How do the nine sections lead to a better understanding of the business model? Q.4 Describe the MVP process and how is it best used with customers. Q.5 Why was Greif Packaging, described in Chapter 2, able to capture more of the value in the supply chain? Where did the extra value come from, and were there others who lost the value they were selling? 0.6 What is digital collaborative filtering? Name three companies that are successfully using this technique in their business models. Can you think of other businesses that might employ this technique in their business models? (Hint: Think of media companies, retail stores, and health care.) 0.7 What do you find most innovative about the DBI business model? Can you think of similar examples where these concepts might be used? Q.8 Name three similarities and three differences between a franchise and a license. n 9 Listfour types of corporate partnering with the advantages and potential disadvantages to both large and small companies

Explanation / Answer

3.

Business models need to be critically analysed for a better results. A better understanding will lead to optimization of the available resources while working on any business plan without proper understanding will lead to losses because of mismanagement.

The following are the three categories of any business plan that needs to be understood:

Having an insight into all these nine factors will help the companies to determine the strategies and plan effectively. Any business unit will surely achieve success if the policies of the company are in sync with all these nine success factors.

Note: as per chegg guidelines, only one question should be asked at one time.

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