BUSINESS CANVAS MODEL The Business Canvas Model comprises of the following Customer Segments‚ Value Propositions‚ Channels‚ Customer Relationship‚ Revenue Streams‚ Key Resources‚ Key Activities‚ Key Partnerships‚ Cost Structures CUSTOMER SEGMENTS For whom are we creating value? Who are our most important customers? The customer segments we are focusing on are 1. Banks 2. Hospitals 3. Schools 4. Communication service providers 5. PHCN office 6. Beauty Salon 7. Spa Centre 8. And Others VALUE PROPOSITIONS
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Research in Business CHAPTER LEARNING OBJECTIVES After reading this chapter‚ students should understand… 1. What business research is and how it differs from decision support systems and business intelligence systems. 2. The trends affecting business research and the emerging hierarchy of research-based decision makers. 3. The value of learning business research process skills. 4. The different categories of firms and their functions in the industry. 5. The distinction between good business research
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Business Processes and Information Systems Rosalyn Huf CIS/568 April 27‚ 2015 Saundra McDavid Business Processes and Information Systems An information system (IS) is an important part of an organization’s business processes. Information systems facilitate communication and coordination among different functional areas‚ allow easy exchange of‚ and access to‚ data across processes. Specifically‚ IS’s play a vital role in three areas: Executing the process‚ capturing and storing process data‚ and
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process relying primarily in gathering information from the issuer and supplementing it with strategic information obtained from outside independent sources. The entire process is aimed at evaluating (a) Financial Risk and (b) Business Risk Information with regard to (a) is generally provided by the company requesting for rating and‚ only when necessary‚ such information is corroborated or complemented by information from other sources. However‚ comprehensive information with regard to (b) is not readily
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Case Study: Stateside Sports Limited The following information relates to the fictional company ‘Stateside Sports Limited’. Any similarities to actual situations or companies is purely coincidental. Information: Stateside Sports Limited is a business which buys in clothing and merchandise for major sports teams in North America and sells them to consumers through their own chain of shops in the UK and also to other sports shops for them to sell on. They have about 25 shops throughout the
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The e-Business model is seen as a model that “describes how a company functions; how it provides a product or service‚ how it generates revenue‚ and how it will create and adapt to new markets and technologies”. The e-Business Model contains four traditional components. These are labelled as the e-business concept‚ value proposition‚ sources of revenue‚ and the required activities‚ resources‚ and capabilities. For a business to be successful their aim would be to integrate these components successfully
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How is Zara organized with respect to its vertical integration and outsourcing decisions? What governance structure does it appear to follow? Support your conclusions with reference to details of the Zara and the Ferdows reading. Zara manufactures and distributes its products in small batches. Zara is vertically integrated as the company manages all design‚ warehousing‚ distribution and logistic functions. Zara outsources sewing of garments to an outside supplier. Zara controls the product it
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right customers. Reveal new‚ unknown or neglected markets. Help fine-tune current strategies and plans to help increase market share. Here are the eight steps for conducting a marketing audit to capture the information a corporate marketer needs about their company and how they do business. 1. Assemble an Overview of Your Company. The details to include are: Company location‚ date established‚ sales history‚ number of employees‚ key personnel and chronology of company events like mergers‚ acquisitions
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motivation. Motivation refers to the forces‚ either internal or external to a person‚ that act as inducements or that influence action to do something. 2. (Learning Objective 1) Explain how motivation is related to performance by describing the model M x A = P. Although the process of motivation is complex‚ organizations are primarily concerned with the relationship between motivation and performance‚ as implied by the formula shown above‚ where M refers to motivation‚ A refers to ability‚ and
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Zara: Apparel Q 1. Ans: Having a very responsible supply chain Zara is enable to keep store inventory to a minimum‚ and keep a fast turnaround of new products. This encourages customers to buy the product as soon as they see it in a store because the same product might not be there the next time and Zara does not always send stores the same product twice. Q 2. Ans : Zara does manufacture some clothing in Asia‚ but not to save cost. It is to save time in supplying the Asian market and to keep its
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