Business model and business model evolution

Assignment Help Business Management
Reference no: EM132820339

1. Business Model: Describe key aspects of its business model.

Keeping the following questions in mind will help your response.

· What's the name of the company, how large is it, what industry segment is it in, and what does the company do?

· Is the company primarily a product or a service business, or some kind of hybrid?

· What are its offerings (i.e. its products and/or services)? What is its market position? What are its value propositions (perhaps offer-specific)?

· How does the business earn revenue (including the pricing of its offerings) and make a profit?

· What other features of its market model, operational model, or financial model are significant, unusual, or distinctive?

· Does the organization follow a cloud computing model? Are there aspects of those models in the organization that you choose?

2. Competitive Forces and Challenges: Consider each of Porter's five Competitive Forces. For each of the five forces, list and describe the relevant actual competitive challenges (if any) that the company faces (or is likely to face soon). Also list and describe competitive challenges the company faces (or is likely to face soon) as a result of other changes in the business environment (e.g. economic, regulatory, etc.)

3. Competitive Strategies: For the most significant competitive forces/challenges that the company faces, describe the company's competitive strategies for addressing that challenge. If you are unsure, you can discuss how the company has (or similar companies have) addressed that challenge in the past, or how you believe it should address the challenge. What approach will the organization need to take in order to sustain an advantage; or will it need to change approaches? Indicate whether you believe the strategy will work or not and why.

4. Business Model Evolution: Discuss any other ideas you have for how the company's business model could evolve, and what might drive the business to evolve in that way:

· How might the company enhance its products and services, and why?

· How might the organization improve internal processes to become more efficient or effective?

· How might the company expand into new related products and services, new territories, or new market segments, and why?

· How might the company extend into new lines of business or new business models? Why would they do so? (Include mostly non-e-commerce initiatives if possible)

5. Best IT-Supported Proposal: Identify the best proposed idea you have listed in Section 4 above that can also be supported by IT in a substantial way. For that proposal, provide the following:

· Justification: Explain why you believe this is a particularly good proposal -- i.e. how and why will it enable the company to more effectively compete?

· Role of IT: Describe the most essential ways in which IT could be used to support the proposal.

Reference no: EM132820339

Questions Cloud

Deciding on resources for project team : You are now deciding on resources for a project team. Some of the resources you are planning to add reside outside of the US.
Business buying behavior differs from consumer purchasing : Discuss the ways in which business to business buying behavior differs from consumer purchasing.
Disadvantages of building vs buying software system : Compare and contrast the advantages and disadvantages of building vs buying a software system.
Adopt for improving communication within organization : Discuss a tool or strategy a leader can adopt for improving communication within the organization.
Business model and business model evolution : Business Model-Describe key aspects of its business model. Does the organization follow a cloud computing model?
Painters job score on core job characteristics : How does the painters' job score on the core job characteristics before and after the changes were made?
Technology and job design : Sociotechnical systems is organizational behavior concept that reflects importance of integrating people and technology to create high-performance work systems
Gravity payments made shocking announcement : In April 2015, CEO Dan Price of Gravity Payments made a shocking announcement. Do you think Dan Price is a hero? Why or why not?
Innovation and entrepreneurial behavior : The following are common organizational barriers to innovation and entrepreneurial behavior:

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd