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Business Models: A Practical Guide

   

Added on  2020-02-24

2 Pages380 Words500 Views
Slide 3This slide sheds light on the traditional concepts, which the businessmen had aboutbusiness models. Reliance gets an important position in this slide, as businessmen rely onmodels such as Porter’s five forces for exposing rational attitude towards execution of themarketing activities within the competitive ambience. Slide 4This slide enhances the clarity of the readers about the first two blocks, rathercomponents of the business model. Carrying out segmentation of the target market, beforeoffering the products and services helps the personnel to satisfy their needs, demands andrequirements. Valuing the customers, gives profits within the business, leading to its growth. Slide 5This slide sheds light on the utilization of the business models for improving thesources, through which the companies and organizations can earn large revenues. One of thischannel is the social media, which helps in the expanding the network chain. Slide 6This slide projects the importance of business models for making judicious andeffective use of the organizational resources. Excessive consumption of the resourcescompels the companies and organizations to lag behind the contemporary brands within thecompetitive ambience.

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