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Smart-connected Products and its Opportunities and Threats to Commonwealth Bank

   

Added on  2023-06-13

9 Pages954 Words70 Views
Commonwealth Bank Australia
*Innovation and
Sustainable Business
Development
Smart-connected Products and its Opportunities and Threats to Commonwealth Bank_1
* What is Business
Model
*Business model is a plan for successful
operations of a company.
*Identification of revenue sources, client
base, products and funds.
*Business Model Canvas
*Expression of business idea of a firm.
Smart-connected Products and its Opportunities and Threats to Commonwealth Bank_2
*What is
Disruption
*Result of rapid development of a business
*Disruption is subset of innovation
*It is the creation of something new that
shifts the old ones (Chesbrough, 2010).
*Disruption develops new dimensions like
accessibility, simplicity, convenience,
lower prices, ease of use etc.
Smart-connected Products and its Opportunities and Threats to Commonwealth Bank_3

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