This presentation discusses the concept of business models and their significance in generating income and achieving goals. It explores the key elements of a business model and how it can aid a company in succeeding. The presentation also highlights the importance of adapting to changes in the external environment.
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BUSINESS MODEL
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TABLE OF CONTENT •Introduction •Findings •Conclusion •References
INTRODUCTION Business models is the methods through which the company use to generate income and revenues and make a very high profits with the help of firm's several operations. Basically it provides the logistical aid to company so that it can be able to perform effective and desirable manner that will lead in attaining its standards and goals. This methods are used so that services to clients can be offered in more satisfactory manner.
FINDINGS The business model is the most important aspect that is very must in Arnott Biscuits so that it can be able to carry out the operations in appropriate manner.These are 9 major element in business model they are- •Customers segmentations •Channels •Value proposition •Revenue stream •Customers relationship •Key activities •Key resources •Cost structure •Key partners
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CONTD... It is evaluated that company external factors changes very frequently and according to that company need to analyse them and plan accordingly so that problems and issues can be met. Effectiveness of business model has been analysed, it has been understood that dynamic and statistical problems can be resolved with the support of the effective use of business model. Changes are one of the very major part that occur no matter anybody needs them of not. It is inevitable, it can not be avoided. Changes are very effective and has a very great impact upon business model of the company. As per the finding it can be recommended that organisation can use the value chain model which is very suitable as to sustain in market and also it is very supportive because it helps in attaining the economic growth ofArnott Biscuits. This is very effective as because this help in planning various strategies that is very essential for the company to introduce in its operations and functions.
CONCLUSION From the argument it has been concluded that there are various models that need to be analysed and introduced by company into its practices so that they can be able to perform work properly. Changes are also there which is a natural aspect that need to be adapted as and when it takes place.
REFERENCES Afuah, A., 2014.Business Model Innovation: Concepts, Analysis, and Cases.Routledge. Anttiroiko, A. V., Valkama, P. and Bailey, S. J., 2014. Smart cities in the new service economy: building platforms for smart services.AI & society.29(3). pp.323-334. Apostolou, D. and et. al., 2011. A collaborative decision framework for managing changes in e- Government services.Government Information Quarterly.28(1). pp.101-116. Casadesus-Masanell, R. and Ricart, J. E., 2010. From strategy to business models and to tactics. Long Range Planning.43(2–3). pp. 195–215. Casadesus-Masanell, R. and Tarzijan, J., 2012. When one business model isn’t enough.Harvard Business Review (January–February).pp. 1–6.
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