re/eGZRLO 6. key resources Business Model Canvas info@hugowiz.it Question Can you tell the difference between a Business Plan and a Business Model? 8% Question Can you tell the difference between a Business Plan and a Business Model? 12% You will‚ in a short time. You will also be able to sketch a Business Model in few minutes. Follow the presentation! Definition Business Model Definition 16% A Business Model shows how an organization: creates
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– just an observation. Not recommendation or putting any action. Understand the different parts of the Business. Two groups (Customers) – Don’t overdo customers segregation. Don’t go down to the bottom level. Put in the canvas with items as specific as possible; the model is useless with general items. Eg. Travelers – not useful. E.g Cost – Marketing cost‚ revenue cost. Key word is ‘Key’ wrt value proposition. What is your value proposition – put in the other segment. Based on assessment
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The Business Model Canvas Key Partners Who are our Key Partners? Who are our key suppliers? Which Key Resources are we acquiring from partners? Which Key Activities do partners perform? Motivations for partnerships: Optimization and economy Reduction of risk and uncertainty Acquisition of particular resources and activities Key Activities What Key Activities do our Value Propositions require? Our Distribution Channels?Customer Relationships?Revenue streams? Categories Production Problem
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organisation can focus on their customers’ area‚ which is mass markets model for customer segments. Groupon Company (2013) states that we have 39.5 million customers in the world‚ and they also will recommend friends and family to join in Groupon deal activities. Therefore‚ the public who includes women‚ student and singles will create a lager number of value for this organisation. Furthermore‚ Gil (2013) claims that Groupon business model are suit to modern consumers. It seems that the most modern consumers
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Seventy four years since its founding‚ Toyota Motor is almost at the pinnacle of the global auto industry‚ having overtaken Ford Motor and General Motors in vehicle sales. Toyota was established in 1937 in Japan. Toyota has grown from being a small Japanese carmaker in the 1960s to the biggest carmaker in 2007‚ outranking General Motors. The founding principles for this success were embodies by the “Toyota Way” – a respect for learning‚ truth‚ trust‚ team-work‚ challenge and continuous improvement
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MT 5011 FINANCE FOR ENGINNERING & TECHNOLOGY MANAGEMENT LESSON 01 - Finance basics for Managers SECTION 01: FINANCE BASICS -The Key Financial Statements *** The Balance Sheet -Assets: Physical resources that a company owns: Examples: - Land and Buildings - Plant and Machineries - Motor vehicles - Trade Debtors / Accounts Receivables - Investments - Cash Andrew Ng Jan 23‚2013 MT 5011 FINANCE FOR ENGINNERING & TECHNOLOGY MANAGEMENT Liabilities & Owner’s Equity Liabilities: Debts that the company
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Explain what is meant by a business model In general a business model describes in which way a company can generate revenue‚ and hereby makes profits from their respective operations. It is used by‚ for example‚ already established companies‚ which seek new forms of innovation strategies to put themselves in a stabile spot in the growing competitiveness among other companies. It is hereby also used by entrepreneurs‚ who are new to the business market‚ and want to be innovative and carve out their
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The Business Model Canvas Key Partners ❏ ❏ ❏ ❏ Government Section‚ in this case is Ministry of Education Software and OS Development Thailand’s Educational Institutions Technology Distribution Designed for: Key Activities ❏ ❏ ❏ ❏ Distribution Technology Innovation Platform / Networking Problem Solving ❏ ❏ ❏ ❏ ❏ ❏ Intellectual Staffs Communication Engineers Antennas Research and Development Facilities / Programs Human Resources Physical Resources Cost Structure ❏ ❏ ❏ ❏ ❏ ❏ ❏ Google Marketing
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business model components‚ such as value proposition‚ target customers‚ distribution channels‚ and revenue streams‚ are important. The type of e-business models each company used and the ones that are more successful were investigated. We discovered some similarities and differences; some differences were the use of revenue streams for generating multiple sources of revenue‚ the type of e-business models used and the role they play in executing the e-business strategy. Keywords: Canvas Framework
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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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