Importance of Business Models & Licensing

This assignment explores the significance of business models and technological licensing in modern business operations. It highlights how business models aid in decision-making, financial stability, and adapting to market demands. The importance of licensing in preventing cybercrimes and regulating employee technology usage is also discussed. The document emphasizes the role of rationality and innovation in successful implementation of these strategies.

Slide 1
This introductory slide enhances the clarity of the readers regarding the rationale behind
this presentation. As a matter of specification, the slide makes the readers aware of the need for
licensing the technological usage in the firms for averting the instances of cyber crimes. The
introductory lines form the ground for the execution of this presentation.
Slide 2
Business in itself is a vast term, which includes various concepts. Carrying out the
business activities need proper vision, mission, design, approach and strategy. Herein lays the
appropriateness of the business models, which helps the firm personnel to apply theoretical
approach to the business activities. Within this, rationality is needed for achieving positive
results. Viewing it from the other perspective, proper application of the business models enhance
the decision-making power and capability of the firm personnel. This rationality is a crucial
aspect among the functionalities of the managers. Countering this, the employees and the
employers are also expected to expose rational thinking in the ways and means of exposing the
allocated duties and responsibilities.
Slide 3
The act of Licensing safeguards the business firms from illegal instances of cyber crimes.
Licensing in technology is the attempt of the firm personnel in terms of controlling the activities
of the employees on the systems provided. Consistent misutilization of the systems provides the
managers to confiscate the license of the employee, which attaches interrogative parameter to the
tenure of that particular employee. The licenses need to be renewed after a certain interval in
terms of getting better access to the modern facilities.

Slide 4
Business models play a crucial role for the managers in terms of undertaking beneficial
decisions for the betterment of the firms. Specifically, business models help the firm managers
to stabilize the financial parameter. Typical example in this direction is the maintenance of the
balance between supply and demand. This maintenance helps the firm personnel to align with the
altering needs, demands and requirements of the stakeholders. Viewing it from the other
perspective, this maintenance assists the firm personnel in terms of increasing the capital
revenue.
Slide 5
Challenges are inevitable aspect in the workplace. Exposure of rational thinking towards
these challenges reflects the capabilities of the firm personnel in terms of handling adverse
situations in an effective manner. In terms of technological licensing, the challenges are
convincing the employees to purchase systems, which are not used by the suppliers and lack of
oriental approach by the firm personnel towards predicting the outcomes of the undertaken
decisions. The first challenge results in breach of contract between the personnel and the
suppliers. The absence of predictability leads to the achievement of negative results within the
allocated business activities. Delving deep into the aspect, evaluation is needed in terms of
assessing the appropriateness, effectiveness and feasibility of the introduced licenses in terms of
the identified goals and objectives.
Slide 6

In conclusion, it can be said that business models are very important for the firms in
terms of handling the business activities in an efficient and effective manner. As a matter of
specification, business models enable the personnel with the ways and means to undertake
prospective decisions towards the betterment of the firm. Consideration of theoretical approach
for this purpose results in the exposure of appropriate approach towards regulating the
performance of the employees. In view of this perspective, technological licensing is apt in terms
of keeping a track over the usage of the systems made by the employees. Rationality needs to be
applied in this direction for maintaining stability in the relationship with the employees.
Effective exposure of rationality results in the advent of innovation within the business activities.
This innovation is the agent through which the firm personnel can achieve large scale customer
satisfaction.