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Essay on Business Model - Arnott Biscuit

   

Added on  2020-06-06

8 Pages2498 Words80 Views
BUSINESS MODEL

Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6

INTRODUCTIONBusiness models is the methods through which the company use to generate income andrevenues and make a very high profits with the help of firm's several operations. Basically itprovides the logistical aid to company so that it can be able to perform effective and desirablemanner that will lead in attaining its standards and goals. This methods are used so that servicesto clients can be offered in more satisfactory manner (Afuah, 2014). In this essay, discussionabout the business model will be done and its implications in the organisation. With reference toArnott's Biscuits, several business model will be described along with that archetypes will beconsidered that is very much in a business to develop effective models.MAIN BODYBusiness model is the way through which the organisation generate its profits by carryingout all its operations and functions in most effective and appropriate manner. Basically it is therationale study which states how a company use to create, delivers and captures the value.According to Anttiroiko, Valkama and Bailey, (2014), business models avails the conceptualstrategies that can help in processing the entire work. These model helps organisation inperforming in-depth study and analysis of the several business aspects. Business model basicallyincludes 9 blocks of building through which a company can be able to perform appropriately.These are customers segmentations, channels, value proposition, revenue stream, customersrelationship, key activities, key resources, cost structure, key partners. These are the veryimportant aspects that are very much indulged in building up the business model in anorganisation. All the information that are collected with reference to these factors are very useful forthe organisation as because this will support company in analysing the processes that will assistin attaining organisation's goals and objectives. These are very aiding factors as because this willhelp in considering the fact that all those aspects that are introduced in company will create valueto it. This will attract more and more customers towards Arnott Biscuits's products and services.There are various aspect that influence business model to get performed appropriately factors arethe external factors. As per Apostolou and et. al., (2011), business model is having a very directimpact upon the business activities. Arnott Biscuits's business model is to create and maintain adirect trading system where customers are dealt in appropriate manner that can satisfy their needs1

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