Essays on Business Models

A 1 + page discussion is describing disruptive business models. You should use examples of companies that have introduced disruptive business models to help with this description; like Dell Computer, Walmart, Southwest Airlines or perhaps Apple. Disruptive business model refers to any business innovation, which creates a new market and value network for a company or a product and in so doing, disrupts the existing value network and market (Shaughnessy, 2016). This consequently displaces established markets, products, and leading firms. The term was coined by Clayton M Christensen in 1995 and has since been used to describe disruptive phenomena on ...

With the new invention of technology, marketing is taking another way that might be a threat or beneficial in the marketing industry. The imperative of digital engagement and innovation have emerged in the business and mostly the marketing sector. The businesses now realize the need to use the digital platform to engage with their customers, key stakeholders so as to maintain the relevance and the drive for conversations (Kittaneh, 2014). However, few people in the market realize how fast the change should take place, or how fast the transformational the process should be. Therefore, the business needs to embrace ...

Innovation can be defined as new ideas that a company incorporates to meet the requirements and standards of the consumer market in order to bolster both their economic interests and the growth of the company while maintaining good relations with the consumer. Depending on the type of company and their market targets, the company can approach can handle innovation in different ways to meet its set objectives. Color Kinetics Incorporated as a company can focus on different approaches to innovation such as sustaining innovation, breakthrough innovation and disruptive innovation. In addition to relevant frameworks in place that help the ...

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POSTGRADUATE DIPLOMA IN BUSINESS ENTERPRISE

Southern Institute of Technology 2016

List of Tables 3

Section 1. Introduction 4 1.1 Purpose of the proposal 4 1.2 Research Aim 4 1.3 Research Questions and Objectives 4 1.4 Research hypothesis 5 1.5 Background and overview of business 5

Section 2. Literature Review 6

2.1 Introduction 6 2.2 Micro and Macro-Economic Indicators and Business Confidence 6 2.3 Recent Trends, Strategies and the Market Potential 7 2.4 Consumer Preferences 8 2.5 Conclusion 9

Section 3: Methodology 9

3.1 Introduction 9 3.2 Secondary Research Method – Literature Review 9 3.3 Case Study 10 3.3.1. Research Design 10 3.2.2. The Sample 11 3.2.3. The Process 11 3.5 ...

Business Definitions and Models as a Way of Expressing a Company’s Overall Product/Service Strategy

Business Definitions and Models as a Way of Expressing a Company’s Overall Product/Service Strategy Did coming to understand the "business definition" affect decisions as much as Mike DiFranza seems to believe? What do you think were the key ingredients to his doing a success stakeholder analysis and then being able to have this guide real changes to his whole approach in several areas such as product features, who pays for what and how much, business partners, and venture capital strategy? The first step that Mike DiFranza took to ensure that the approach to defining and executing new business ...

1. Copyright is not optimized to foster musical creativity. Discuss this statement with reference to examples. The mechanism of copyright control can pose significant threat to innovation and creativity in the music industry, because the copyright can fail to sufficiently recognize the relevance of uses of the musical piece as a creative force. Innovation in music, for example, has been performed in many scenarios by creators taking the creative risks by using existing materials in such a manner that does not fit effectively within the assumptions of the dominant copyright about creativity. Creators that operate within such paradigms of ...

Choosing the most appropriate business approach within a firm presents a very delicate process owing to the ever-transforming business world. Discovery-driven teams operate on the basis that business firm assumptions regarding business models are appropriately tested and stated (McGrath, 2010). Execution driven teams, on the other hand, incorporate the breaking down of strategies into objectives, hierarchically incorporating the objectives, evaluating the achievement of the laid down objectives, and excellent performance (Sull, Homkes, & Sull, 2015). Discovery-driven planning calls for chronology in handling business ideas from their conception. The executive teams are expected to steer the business towards success by pursuing ...

Introduction

High-tech entrepreneurship refers to a form of a business leadership characterized by technology-intensive business opportunities, high-potential for growth, managing rapid growth, and gathering useful resources such as cash and talent. Innovations influence high-tech business innovations that giving products and services exceptional values that stimulate high market demand. Moreover, world economies are known to compete under the concept of innovation in the global market (Zemlickeine 2011). The business world today has become diverse with every entrepreneur aiming at introducing a business idea or product capable of winning the competitive advantage in the dynamic business world.

The business idea

Coming up with a business ...

Business Model

Business Model It was written by Teece (2010) that business models are crucial for entrepreneurs at the entry point because it provides them with an operations and value creation mechanisms that would help make sure all its needs are met.

Business Mission The business will be located in the North Ring area of Riyadh. The total space will be about 22,000 m2.

Target Market

The target market is the general hospitality industry, which includes high-end hotels, cafes and diners around the town. Some of these include Hotel Novotel, Mercure Value Hotel and The Ritz-Carlton Riyadh among others. Among the smaller ...

Inter-organizational Innovation Networks (IT): Role of cloud computing and big data on Business Model Innovation

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Abstract

This report looks at how cloud computing and big data impact business model innovation and if these technologies enable companies to implement quicker and more efficient means to interact with customers and enhance their profitability and growth potential. Meta-analysis was conducted by accessing peer-reviewed literature which targets issues surrounding the research problem and research questions. Despite the uncertainty in terms of knowledge and expertise in the IT industry due to rapid technological developments there are still opportunities to be leveraged by businesses. However, in answer to the research questions it is found that cloud computing and big ...

Financial opportunity of COSTCO and Walmart

COSTCO and Walmart have different financial opportunities due to the different business models. Importantly, COSTCO earns higher profits from membership premiums while Walmart depends on profit margins. The business strategy applied by COSTCO implies that the retailer can sell its products at lower prices compared to Walmart. This aspect gives COSTCO a competitive advantage in the marketplace. The purchasing power of COSTCO continues to increase with respect to its size, which gives the retailer an opportunity to bargain favorable prices and suitable financial condition for its products. Regarding performance, COSTCO has been doing better that Walmart for some years. ...

Ancillary Revenue Management in the Airline Industry

Introduction There is a stiff competition between the network airlines and the low-cost carriers (LCCs) in the airline aviation industry. For a long time, the traditional network airlines have been struggling to cope up with the many economic uncertainties in the industry, especially the rising cost of jet fuels and increasing operating costs. Consequently, to survive in the industry, they have been forced to come up with new ways of generating revenue. Like LCCs, the network carriers are now considering unbundling their services to produce additional income. Network airlines are also adopting the trend of selling chargeable services, which ...

A Summary of

The reviews on Africa’s solar based enterprises are quite recent and cover a majority of related topics. He has reviewed the factors that provided an impetus to solar power based enterprises and the existing opportunities. However, the need for some more reviews on the reasons addressing slow development in the field is evident. Nevertheless, it is successful in drawing the readers’ attention on the gaps existing in the current review of scholarly works. The three basic research questions raised in the study clearly underline its problems and the purpose. Through these questions the author seeks to address the ...

Comparison of DYB and GYB Strategies

Owing to intense competition in business environment, the organizations need to come up with innovative dynamic models to sustain in global markets. This fierce competition increases due to rapid fluctuations in market conditions, technology, and environment. You will find many new companies emerging at a rapid rate, ready to destroy your business with their novel business models. Therefore, it is better to explore your weaknesses before someone else realizes you about it. Intelligent businesses critically evaluate their old business models before they are destroyed by market pace. The practice of so called “creative destruction” has emerged since 1990s in ...

Nowadays globalization is developing rapidly; more and more companies establish their subsidiaries in the foreign countries. Many organizations have presence all around the world. This process has either advantages or disadvantages; however, companies receive mostly positive outcomes of globalization, such as access to the new markets and outstanding talent, outsourcing of production and R&D, learning the experience of the foreign colleagues, and etc. This reported is devoted to identification of the ways of international business strategy’s improvement for Adidas Company.

Globalization

Globalization has made significant changes of the world economy. It foresees the following aspects: Nations differences: the competitive ...

Abstract

Marketing is an essential functionality in the business set up. For the procedure to be effective, marketing has to have clear objectives that are set in the organization. The objectives can be cascaded down to the individuals who have taken up certain roles in the marketing department for instance. Aggressive promotion while at the same time making identification of the expected target for the particular service or product is of importance. The marketing content is also crucial, and this can be promoted by the presence of activities like marketing strategies and strategic marketing which can be solely managed in ...

Describe the environment in which Skype competes based on the three characteristics of high-tech markets (Chapter 1).

High technology market is filled with both promise and peril (Mohr, Sengupta, & Slater, 2010, p.4). There are three main characteristics of the high-tech environment, namely (1) market uncertainty, (2) technological uncertainty, and (3) competitive volatility (Mohr, Sengupta, & Slater, 2010, p.11) Analyzing the Skype case, it is clear that company’s greatest uncertainty is competitive volatility, as there emerged a wide range of companies that provide VoIP call services. The other threat the company faced is market uncertainty, as it was reported that only about 20% of the registered customers use their accoutns actively. Thus, charging new fees may not ...

The Hollywood industry has faced tremendous changes since the beginning of operations. The industry deals with movie production and has moved from the times of high theater movie attendances, for instance, by the year 1929, four-fifth of all American population, which makes up around ninety-five million people who attended the movie theaters, weekly (Epstein, 2009). The Hollywood industry is therefore controlled by the movie producers, the film owners, the directors and the movie stars themselves. The concept of popcorn economy on the other hand, revolves around productive resources being limited. As a result, Hollywood is in the process of ...

June __, 2016 (date)

Abstract Technological development is an integral part of the modern world’s life. It is difficult to imagine the existence without computers, cell phones, and other devices nowadays. It brings many positive features to the humans’ lives, such as facilitating of many types of labor, allowing easy communication between family members and friends that live far away from each other, enhancing many business processes (e.g. supply chains, distribution of information, client servicing). However, new technologies also bring a number of problems to people. One of the most significant issues is its influence upon the labor market and unemployment rates. ...

A business’s culture is defined by the values, and responses, of the people within an organization. More specifically, Brewis (2007) defines culture within a business organization as the shared commitment to, and understanding of, what matters to that organization, and the nature of interactions between the organization’s members. In the post-bureaucratic era, it is essential that leaders work to actively manage cultures within a business’s structure, in order to create an atmosphere of greater sustainability. This is intrinsically tied to the establishment of clear organizational ethics and the establishment of an atmosphere of corporate social responsibility. ...

WHAT ARE THE MAJOR CHALLENGES THAT PANALPINA WILL HAVE TO OVERCOME AND THE CAPABILITIES THAT WILL HAVE TO DEVELOP TO MAINTAIN ITS LEADING POSITION AND THE RAPID PACE OF GROWTH

Background

Globalization and the unprecedented pace of internationalization of the businesses have had the tremendous effect on the activities of the modern corporations. Some of the major challenges which the companies face in the contemporary business environment include innovation and technology advancements. This document focuses on the analysis of the specific company, Panalpina, one of the biggest logistics companies, which proud itself in excellent supply chain solutions for the global ...

CONTENTS Background..3

Environment Scan4

Internal Operation Environment7 Strategies & Justification8 Organizational Change: Reflections..10

Conclusion.11

Airbnb: A Strategic Analysis BACKGROUND The hospitality business is changing. In contrast to a conventional model of corporate-controlled business model offering a broad range of hospitality services to consumers largely defined within limited geographical spreads, peer-to-peer hospitality enterprises are disrupting hospitality business into an innovative model. The peer-to-peer model cuts across different hospitality services but, for current purposes, main focus remains on accommodation services. Of all short-stay, peer-to-peer companies, Airbnb is probably most prominent and, for that matter, most controversial. Founded based on limited property offerings in specific areas ...

Introduction

GAP Inc. is US based clothing and accessories retail company. It has headquarters in San Francisco, California. The company was founded in 1969 by two partners. The motivation behind the formation of the company was making sure the availability of the pair of jeans at affordable prices. Now the company has expanded its business to different regions as well as divisions. The divisions of the company operating under GAP Inc. are Banana Republic, Old Navy, Athleta, Intermix, and Banner. GAP is the largest specialty retailer in the US. The company is operating in a tight, competitive landscape and faces ...

Section one: Nike, Products and Competitive Information

History of Adidas Nike, Inc. was founded as Blue Ribbon in 1964 by Bill Bowermnan and Phil Knight and has over the years made significant progress in both local and international markets since it took the name ‘Nike’ in 1978 (Peters, 2009, p. 1). The company has its headquarters in Washington County, Oregon and deals in footwear and apparel, sports equipment and other recreational products. The fact that Nike’s products have been endorsed by prominent personalities such as Michael Jordan has made it famous in global arena (Ros, 2011, p. 2). Nike engages in products designs, developing, manufacturing ...

The canvas model

The canvas model refers to an ideal business model which is comprised of 9 major items, which touch on different aspects of business (Wirtz, 2010). The firsts aspect here, as pointed out by Wirtz (2010) are key partnerships. These refer to alliances that an enterprise creates to help in its normal operations. At Blue Buddies, the manufacturing of most accessories is outsourced, meaning that the manufacturing firms in the Far East come up as the key partners. The second aspect is the customer segments. The segments refer to the different categories of customers that a company targets . At Blue ...

Question 1

What makes a business a sustainable one? Discuss the theory and practices associated with sustainability using examples from your own learning during the module. Sustainable business refers to a business model that has low negative impacts to the environment, society and to the economy at large. A sustainable business is the one that has the ability to meet the triple bottom line (TBL). TBL is an accounting framework that encompasses the social, environmental and financial responsibilities. This termination was coined by John Elkington in his 1994 publications on the triple bottom line. He reflected on the drivers that had ...

Integrative Research Project

Abstract This research project aims to establish how the organization can increase its competitive advantage by requiring supply chain vendors to meet ENOC’s standards. A qualitative research methodology was used, and the research design is to carry out semi-structured interviews over the telephone. The semi-structured interview allowed interviewees to expand on their thoughts and experiences while the researcher guides the conversation to say on the topic. Interviews were performed over the telephone with employees at ENOC and employs with ENOC’s supply chain vendors to collect data. The data analysis was carried out by evaluating the results of ...

Introduction

This paper attempts a critical analysis of the entrepreneur Mark Zuckerberg and his quest with his company, Facebook Inc. Zuckerberg has been one of the most successful entrepreneurs and philanthropists in the field of social media entrepreneurship as well as social media innovation, and has managed a largely profitable company in the Silicon Valley software ecosystem. Despite starting off as a relatively small company and start-up with limited capital and market share, he has truly emerged as one of the biggest global businessmen in the world. This essay is going to analyze and evaluate the entrepreneurial characteristics of Mark ...

[The City and the State of the School]

Introduction

It is undeniable that starting from the second half of 2000s the social networks have become one of the most popular means of communication between people allowing them to instantly share their ideas either among their friends and relatives or with broader communities, which can include inhabitants of their town, their country or even the whole world. Social media like Facebook, Twitter or LinkedIn became very popular in a short period of time. At the end of 2015 there were about 2 billion of active social media users monthly (Statista, 2016b). ...

Innovation in Health Care

Abstract This paper explores innovations in healthcare and the barriers involved. Research includes the trials of political and managerial influences and how they promote or delay the execution of innovative health care. The benefits of innovative healthcare will be outlined as well as the challenges faced through barriers on many levels throughout business and political operations. Ultimately, the paper is in favor of innovative healthcare and advocates to enrich the reader on the overall importance of effective and rapid innovation in the medical sector. The paper also explores the weak points of the American health care system and references ...

Business Plan Model

Business Planning Business plans remain crucial to businesses as they guide the decisions and processes adopted by the firm from the start-up stage to the desired level of growth. The development of a business plan remains crucial in the clarification of the individual aspects relating to the firm processes (Carrier, 2007). The plan of activities influences the development of rim objectives considered instrumental in guiding the processes adopted within the organization. Additionally, the business plan provides a prediction for the potential market changes and required resources within the company that will meet the growing level of need in the ...

Management of Information Techniques

Executive Summary E-business is the current normality in modern day business activities owing to advancements in technology. Firms have thus integrated their activities to the internet; the result has ignited competition in the various industries attributed by integration of ICT in business. E-commerce is currently ranked as among the most revenue generating sector. The aim of this report is to identify the role of using IT to generate competitive advantage of firms against one another. The report was drafted by using an example of the Amazon Company to identify the role of incorporating IT in the operations of a ...

Introduction

Steps towards the creation of a successful e-marketing strategy Marketing environment Environmental framework identity Strengths and the weaknesses of the business Environmental framework identity Formulation of the business marketing plans. Marketing strategies based on the business Niche and target markets Positioning and differentiation strategy Domain name and SEO strategy The Business Cost analysis Development of the business ideas Creation of a business website prototype Creation of a wire frame and a navigational outline strategy Creation and the analysis of the social media strategy Creation of a business email newsletter. Identification of business matrices in the business success analysis Development ...

Abstract

The unforeseen changes in the macroeconomic environment globally will affect today’s successful business models. This will in effect translate to a shift in the employment landscape. Technological advancements and demographic changes will affect how jobs are created, recruitment patterns, career progression, job content, skills needed and the levels of productivity needed. The changing employment landscape will be anticipated by both businesses, governments and individuals so that they are able to fully seize the opportunities presented by these trends and to mitigate undesirable effects. Likely, in this dispensation, the service industry will have the biggest proportion of job openings ...

The future of E-commerce: Challenge or opportunity?

Introduction Introductory note on the current trends on electronic commerce in contrast with traditional business models Short description of the causes of rapid growth of E-commerce Thesis: E-commerce present many opportunities than the traditional business models. History of E-commerce The circumstances that led to e-commerce Current state of e-commerce in various industries, banking, shopping, leisure, and technology among others Projections to the future of e-commerce on the same industries The opportunities and costs of e-commerce Benefits of e-commerce to current investments Time saving Less costly Convenient Higher customer satisfaction Maximum profits Potential advantages of online business in the future. ...

The business environment is witnessing multiple changes, and that calls for constant innovations in every enterprise to ensure that they can stay in line with the shifting dimensions. Technology is one of the most influential forces in the market with various implementations providing each company with an opportunity for better performance. The airline industry has evolved since the beginning and requiring innovations in the business models to keep up with the changing trends (Marques, 2015). Various factors influence the performance of air travel companies, most of them deriving from the conditions in other market aspects. For example, movements in ...

Executive Summary

The aim of this project is to present a website proposal for a local small business by explaining that how a website can help a business in the attainment of its goals. The business that has been selected for the project is the “local computer repair shop”. The business model of the shop is B2C, and the internet business model that has been selected is advertising business model. The advantage of building website for the business is that it will serve the shop as marketing and selling point. Business can use the website for promotion of its services, attracting ...

Value Chain and the Internal Environment

Value Chain and the Internal Environment

Introduction

Every business should have a strategic management process in place for it to be competitive in the market. Ideally, strategic management helps an organization define its stand in the market. A value chain is the co-existence of various departments as they work together to achieve a common goal. The objective of the value chain is to create useful products from inputs. Also, it gives business a competitive advantage and helps it operate in a market where competitors exist. This paper is an overview of the value chain and the internal environment.

Ideally, strategic ...

Business

Research Paper: Literature review Devising business models that meet the customers’ demands, satisfy regulatory agencies and carrying out business with sustainable methods to alleviate climate change and other environmental problems as much as possible (Boons et al., 2013; Lee & Casalegno, 2010). The types of methodologies addressed here have been implemented at ENOC or in the UK energy sector. At the heart of the management methods is customer satisfaction. Emiratisation, customer satisfaction and operational theory are seen as the potential answer to meeting new management milestones for Emirates National Oil Company (ENOC). Emiratisation is a UAE government initiative to reach ...