Explain the business model canvas

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Reference no: EM133087034

The starting point of business organization in strategizing their information systems is to possess a thorough understanding of fundamental business concepts.

a. Using appropriate examples related to a digital company that you are familiar with, explain the basic business concepts of Porter's five forces model, competitive strategy, and Business Model Canvas and how these concepts are related with one another.

b. Based on your above analysis (in part a) of the digital company, explain the circumstances under which the company would be motivated to acquire and implement an Enterprise System, and/or Supply Chain Management System, and/or Customer Relationship Management System, and how the system(s) would affect the activities in the company's value chain.

Reference no: EM133087034

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