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Business model. Business model innovation is an iterative and potentially circular process. [1] A business model describes how an organization creates, delivers, and captures value, [2] in economic, social, cultural or other contexts. For a business, it describes the specific way in which it conducts itself, spends, and earns money in a way ...
The Business Model Canvas is a strategic management template used for developing new business models and documenting existing ones. It offers a visual chart with elements describing a firm's or product's value proposition, infrastructure, customers, and finances, assisting businesses to align their activities by illustrating potential trade-offs.
Enterprise modelling is the abstract representation, description and definition of the structure, processes, information and resources of an identifiable business, government body, or other large organization. [2] It deals with the process of understanding an organization and improving its performance through creation and analysis of enterprise ...
In the business sector, business architecture is a discipline [citation needed] that "represents holistic, multidimensional business views of: capabilities, end‐to‐end value delivery, information, and organizational structure; and the relationships among these business views and strategies, products, policies, initiatives, and stakeholders ."
The subscription business model is a business model in which a customer must pay a recurring price at regular intervals for access to a product or service.The model was pioneered by publishers of books and periodicals in the 17th century, and is now used by many businesses, websites and even pharmaceutical companies in partnership with governments.
Business reference model ( BRM) is a reference model, concentrating on the functional and organizational aspects of the core business of an enterprise, service organization or government agency . In enterprise engineering a business reference model is part of an Enterprise Architecture Framework or Architecture Framework.
A revenue model identifies which revenue source to pursue, what value to offer, how to price the value, and who pays for the value. [1] It is a key component of a company's business model. [2] A revenue model primarily identifies what product or service will be created and sold in order to generate revenues.
Dynamic Business Modeling is defined as the enabler of a strategic advantage achieved by focused differentiation in any aspect of business (from marketing to finance to operations). This differentiation is achieved through how business is conducted: openly and dynamically defining the business model. Capital investment – human, physical and ...