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Information Management: Business Models, Strategy Analysis and Open-Source Software Comparison

   

Added on  2023-06-18

15 Pages3484 Words143 Views
Business DevelopmentProfessional Development
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Information Management
Information Management: Business Models, Strategy Analysis and Open-Source Software Comparison_1

Table of Contents
INTRODUCTION...........................................................................................................................3
BUSINESS MODELS AND STRATEGY ANALYSIS.................................................................3
Business process models..............................................................................................................3
Strategy analysis..........................................................................................................................4
PART-B: OPEN-SOURCE SOFTWARE COMPARISON TABLE..............................................5
PART-C: REPORT..........................................................................................................................8
Introduction..................................................................................................................................8
Main Body...................................................................................................................................8
Recommendations........................................................................................................................9
Conclusion.................................................................................................................................10
CONCLUSION..............................................................................................................................10
REFERENCES................................................................................................................................1
Information Management: Business Models, Strategy Analysis and Open-Source Software Comparison_2

INTRODUCTION
There are certain models in the organisation that a pertaining with regard to innovation as well as
the improvement changes and based on this and experimentation process is brought about in
order to withstand all the challenges that are in regard to the organisation. A planning is required
and emergent measures are also to be developed such that the requirements can be met with the
right possible designs (Berdik and et.al, 2021). The information management in this regard is
said to be one of the most probable approach that is usually maintained by static orientation there
is a life cycle for the activities that are being put forth such that the information from different
sources can therefore be acquired and can be used in the systems and its processing accordingly.
This include certain planning as well as the organisational policies that will derive a good
structuring as well as the processing which is necessary for the organisation. Information
management is also necessary to enhance executive of the organisation such that the operational
measures can be carry forwarded in a more prominent manner. The entire report will bring forth
certain ideologies that are required for the business to move ahead with the knowledge of
information systems. A strategic orientation is also enhanced and every component that is a part
of bringing about the best possible administration is being derived in this report.
BUSINESS MODELS AND STRATEGY ANALYSIS
Business process models
Business models are important because it is not until when the organisation follows a particular
model that it gets to inhibit all the necessary formulations that are in regard to the organisation.
Business model can also enhance the prospect of the organisation and they can move ahead in
terms of growth prospects in this regard according to the case study where there are three
musicians formed as a band are looking for a wide range of network followed by a good
reputation therefore the two models that are in regard to be proposed to this particular team are
as follows:
Network marketing model: Network marketing is regarded to be one of the crucial component
where there are several types of entities that are included in this (Pan and Zhang, 2020). This is
also known to be a structured network where people are more intended towards being
participants and are also the ones that will derive growth of the organisation. The network
marketing will make people understand the fact that there is a business that is existing and also it
is regarded to be the direct marketing that can bring about the essence of existing business
Information Management: Business Models, Strategy Analysis and Open-Source Software Comparison_3

atmosphere. Targeting is one of the most probable approach that is maintained by this model and
it is not until when an organisation usually targets the particular demographics that are necessary
to bring about a good reputation, that they get to understand more about the market. In this
manner the wind can move ahead and can tap into various markets being the best in operating
their businesses.
Affiliate business marketing model: Since the musicians and ready to contribute and to bring
about the funding that is necessary to establish a biggest business model this particular model
can help them to stand firm with its promotions and the partners can also derive importance. It is
necessary to be a Commission based model in this particular affiliate marketing because the
model will bring about benefits under premium charges. For product based companies this is
regarded to be one of the important formulations and there are also many people who are
inheriting this model (Pfeuffer and et.al, 2019). The affiliate marketing business model is
regarded to be one of the effortless policies when it is entirely revolving around the charges that
are in due of sales. Here the musicians can acquire a good amount of customer base and the
reviews that are associated can also be cherishing.
Information Management: Business Models, Strategy Analysis and Open-Source Software Comparison_4

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