The Business Model Design Essay

The Business Model Design Essay

Length: 594 words (1.7 double-spaced pages)

Rating: Good Essays

Open Document

Essay Preview

The business model is a design for a successful operation in business, identifying revenue sources, customer base, product and details of financing. It describes the rationale of how an organization creates, deliver and capture values in economics, social and cultural contexts. It may also be a plan implemented by a company to generate revenue and make profits from the operations. The module, therefore, includes the components and functions of a business.
Large scale change
Short term plans
Expanding a business in some new areas always requires good research and a sober design making. In this case, for instance opening a jewelry shop in Shangai china will need some research done and it is important to try it in the short term module before venturing into it for a long term. This helps to evaluate the progress of a business in a new environment. Usually a company has to make the hard decision to change its business model to either incorporate changes in the marketplace, or to take the changing company into a completely new market. Opening a jewelry business in china could be ...

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Business Organization: The Geographic Model Essay examples

- Companies always face a limitation of financial resources; however, they have to keep investing in order to improve their profitability, market share and consequently the capital base. Such activities that the company does to improve the core value of their products is referred to as the core activities. As compared to the peripheral activities which add minimal value to the organization, core activities are strategic activities that provide competitive advantage for the business (Jacques, 2006)....   [tags: organizational design, profitability, market]

Good Essays
1538 words (4.4 pages)

Instructional Design Model Comparison Essay

- ... This helps determine how well the learner learned the new task (Davis, 2013). Within an organization this can be a useful model. It is the most common and easily understood. The format can be used in a linear fashion so the designer knows exactly what to do and complete before moving on to the next phase, however the steps can be revisited and refined at any time throughout the process. It was not intended for online delivery but it could be utilized effectively for it. The learner will be able to get instant verification as to whether the intended task was learned or not....   [tags: Instructional design, Educational psychology]

Good Essays
1265 words (3.6 pages)

A New Business Model of Crowdsourcing Essay

- Executive Summary With the rapid development of Internet, a new business model of crowdsourcing is emerging. It is a development demand research of organizations through Internet. Companies could seek for solutions through it with the help of numerous solvers. Crowdsourcing platform is an intermediary which provides a place for seekers to ask for solvers’ help. This report will mainly discuss the target market of crowdsourcing platforms and demonstrate value proposition provided to solvers and seekers....   [tags: plattform, seekers asking solvers for help]

Good Essays
1681 words (4.8 pages)

Business Model Innovation Essay

- Introduction The ever-decreasing length of product lives has diminished the role of new technologies as a source of satisfactory profit and sustainability, as in today’s economies they become commoditized in a growingly fast manner. Nowadays, innovation must include business models rather than just technology and R&D (Chesbrough 2007), and with the greater frequency of disruption and dislocation in many industries, business model lifecycles are shortening as well. Because of its intrinsic connection to the concept of a Business Model, Business Model Innovation is often a topic found deeply intertwined within strategic management, business strategy, entrepreneurship, business model design, v...   [tags: management, strategy, competitive advantage]

Good Essays
866 words (2.5 pages)

Essay Case Study : Business Model Innovation

- ... The end customer is the main element where the value of creation is totally depend upon for producing the total cost. The value creation is the best conceptualization for the business model innovation for the business companies using the merchant business model and the company like Threadless online apparel store. The Business system is another conceptualization deals with the business architecture and internal mobilise capability of the organisation and its activities. The business system is the learning system of the organisation....   [tags: Company, Corporation, Strategic management]

Good Essays
952 words (2.7 pages)

Essay on Company Database Design Model

- Introduction As a requirement for our Database Management System I subject, we were assigned to create a database design model for a certain company. Since our instructor allowed us to select any company, we chose _____ ____ _____; further details about this establishment will be explained in the later part of this article. It’s been known that a company with a good business design flow would most likely be much more prone to success since it is the foundation on how a company should develop and progress....   [tags: Database Management System DBMS]

Good Essays
1017 words (2.9 pages)

Essay about Business Practices Analysis and Design

- This document provides an overview of the systems development project that will modernize the Bead Bar’s business practices. Some of Bead Bar’s goals include “globalization (the system of interconnected capitalist economies), digitization of goods (the ability to convert goods into computer files), and increased speed of commerce with ability to purchase anytime and from anywhere” (Ross, 2005). The project will provide an excellent opportunity to control, monitor, and ensure user and customer satisfaction....   [tags: Business Strategy Analysis]

Good Essays
1476 words (4.2 pages)

Web Design for Travel Sites Essay

- Introduction The first thing that comes to mind on hearing "a compelling website" is "a beautifully designed website with hues of colours and images" a piece of art. That is exactly the first thing that came to my mind when I sat down to design the website. A couple of weeks later I was probably more elated than Leonardo Da Vinci would have been after completing his master piece. The website was adjudged 4th in the Asia Pacific region (Region 10) IEEE Web Design Contest 2003 in the first time entrants’ category… that isn’t as bad as it sounds… Almost half a decade later the website is absolutely the same… not due to my artistic brilliance… but because it just didn’t work out… Lessons learnt…...   [tags: Website Design]

Free Essays
1065 words (3 pages)

Essay on Primus Web Site Design

- Primus Web Site Design The goals of the Primus Web site are to retain existing customers, draw new ones and lower Primus' customer support costs. To meet these goals the Web site is being designed around a multi-point value package, described below. Value Package The components of the value offering are: 1) Stress-free experience for site visitors and customers 2) Professional quality research 3) Readily available quotes, available via a variety of media 4) Tools to allow customers to manage their portfolios 5) Customized advisory services 6) Online investment "workshop" experiences Service Selection Process During the previous three quarters Primus selected service offerings based on avail...   [tags: Web Design]

Free Essays
1338 words (3.8 pages)

Business Models And It Essay

- Business Models and Information Systems “A business strategy is a well articulated vision of where a business seeks to go and how it expects to get there” (Pearlson & Saunders, 2004). An organization’s decisions regarding both organizational and information systems strategies must be governed by this overarching business strategy. The information technology strategy must fit into the business strategy and be reevaluated constantly to ensure the company is meeting its strategic goals. The information systems strategy will both affect, and be affected, by the business strategy....   [tags: Business Model Strategy Technology Implementation]

Free Essays
985 words (2.8 pages)