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Innovation and Sustainable Business Development - Volvo Group, Sweden

   

Added on  2023-06-13

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Innovation and
Sustainable Business
Development
Volvo Group, Sweden
Innovation and Sustainable Business Development - Volvo Group, Sweden_1

What is Business model
It is successful operation of business
With use of resource
By identifying revenues
And increasing customer base
Innovation and Sustainable Business Development - Volvo Group, Sweden_2

Disruption: Good or Bad
Disruption is use of innovation and technology in the business.
Business model becomes efficient with use of disruption.
Can become bad if not used wisely like in case of connected
cars of Volvo (Vermesan, & Friess, 2013).
Innovation and Sustainable Business Development - Volvo Group, Sweden_3

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