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Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. [1] It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. [2]
New business development concerns all the activities involved in the creation of a new enterprise and in realizing new business opportunities, including product or service design, business model design, and marketing.
Formerly, Kang was the Director of Business Development for id Software where she worked on Quake III Arena and various mission packs and Quake II ports. [7] In 2008, she returned to id Software as President of id Mobile where she produced and designed Wolfenstein RPG and Doom II RPG. [8] She also produced the iPhone-only game Doom Resurrection ...
Lean startup is a methodology for developing businesses and products that aims to shorten product development cycles and rapidly discover if a proposed business model is viable; this is achieved by adopting a combination of business-hypothesis-driven experimentation, iterative product releases, and validated learning.
Distribution business models, various Fee in, free out Business model which works by charging the first client a fee for a service, while offering that service free of charge to subsequent clients. Franchise Franchising is the practice of using another firm's successful business model.
Articles relating to business models, the rationale of how an organization creates, delivers, and captures value, [1] in economic, social, cultural or other contexts. The process of business model construction and modification is also called business model innovation and forms a part of business strategy .
The business model canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
The funds directly acquired by the business in exchange for the goods and services it delivers is the business's revenue. The cost of developing, producing, and delivering these goods and services is the business's expenses. A business whose revenues are sufficiently greater than its expenses makes profit or income. Such a business is profitable.