Business Model


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Business Model

A plan a company or other business uses in order to make a profit from its operations. Some business models are complex, while others are simple. For example, a hedge fund's business model may involve encouraging high net worth individuals to make a large investment that will be used in a series of complicated (and sometimes obscure) transactions. On the other hand, a freelance editor's business model is simply to write and edit for clients in order to receive payment.
References in periodicals archive ?
According to the authors of the concept under discussion, the biggest challenge facing the organization in the process of defining or redefining the business model is the refinement of the first of these elements--value proposition for the customer.
Alternative 1 - Current Products and Current Business Model
New York, NY, May 18, 2016 --(PR.com)-- While many attorneys may be familiar with formulating a Business Plan, very few of them have heard of the Business Model Canvas, the brainchild of Dr Alex Osterwalder.
Susenkov created a business model that incorporates cargo and shipping to decrease cost of the luxury car move but sill provides the best service.
The Business Model Canvas has become an integral part of the practice of Lean Startup and also a tool for established companies seeking to strengthen their business models against disruption.
Looking at the literature, it is surprising that scholars and practitioners struggle with the starting point of any discussion on business models: what is actually a business model (cf.
M2 EQUITYBITES-February 25, 2019--CalAmp introduces new Device as Services subscription business model
Auto Business News-February 25, 2019--CalAmp introduces new Device as Services subscription business model
The Central Bank of Ireland has published a paper Business Model Strategy: Guidance for Credit Unions.
Fitch sees an institution's business model as the fundamental bedrock when considering its rating.
Dubai: Gulf Air, the loss-making Bahrain-based carrier, announced on Sunday a "boutique business model" as part of its business plans for 2019 and as it aims to turn around its fortunes.
GWS looks to help businesses in strengthening their business models, business model innovation and technology with the aim to create, capture, deliver, receive and consume new techno-business model ecosystems through cross-/inter-disciplinary research and collaboration.