Question:
Effective business model
Author: Danny Terro 3902Answer:
Is it aligned with company goals? • The choices made while designing a business model should deliver consequences that enable an organization to achieve its goals. Is it self-reinforcing ? • The choices that executives make while creating a business model should complement one another; there must be internal consistency. Is it robust? • A good business model should be able to sustain its effectiveness over time by fending off four threats: •imitation •holdups •slack •substitution
0 / 5 (0 ratings)
1 answer(s) in total