Business Model Innovation for Commonwealth Bank of Australia
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About This Document
The essay focuses on the application of business model innovation for Commonwealth Bank of Australia to maintain its reputation in the market and expand its horizon. The bank can ensure that the business does not change with the application of smart connected products. The essay suggests that the bank can offer customer satisfaction to remain the number one bank in Australia. The essay concludes that Commonwealth Bank needs to change its business model and improve its method of business canvassing to remain flexible in the business.