Artifact-Centric Business Process Models: Brief Survey of Research Results and Challenges Richard Hull IBM T.J. Watson Research Center‚ Yorktown Heights‚ NY‚ USA Abstract. A data-centric approach to business process and workflow modeling has been emerging over the past several years. This short paper presents a structured framework for a class of data-centric business process models‚ which are based on “business artifacts”. The paper provides a brief survey of research results on artifact-centric
Premium Business process modeling Process management Business process
COMM 391 BUSINESS ENVIRONMENT ANALYSIS AND REVENUE MODEL Introduction to Management Information Systems Winter 2013 – Term 2 Learning Objectives For discussion … 1. Describe Porter’s five forces model and explain each of the five forces. 2. Demonstrate how a company can add value by using Porter’s value chain analysis. 3. Describe the major revenue models. COMM 391 - W2013 Term 2 © 2013 – Kafui Monu‚ Y.M. Cheung 3 What is the Most Important Strategy Question
Premium Strategic management Michael Porter Porter five forces analysis
Questions 1. What are the core components of Priceline’s business model? Priceline is a business-to-consumer (B2C) e-commerce in which online businesses seek to reach individual consumers. Its major business model is based on market creator because it’s a web-based business that uses a digital environment such as the Internet to create market by bringing buyers and sellers together. One of the fundamental core components of Priceline’s business model lies in its relatively unique value proposition. At
Premium Travel agency Orbitz Computer reservations system
LEGO business Model Innovation. It also narrates the brief history of Lego Company. The Lego Game was divided into two parts. In the first part the different participants of the supply chain was without permission to communicate with the up- or downstream sites in the supply chain. It also demonstrates the significance of each element in the legal business model. It describes the four elements of business model which helps LEGO system. It also explains the viewpoints of LEGO city business model
Premium Management Lego Lego Group
Strength 1) Dell ’s Direct Business Model which consist of the five principles: Most efficient path to the customer - through direct relationship with no intermediaries to add cost and confusion Single Point of accountability - so that resources necessary to meet customer needs can be easily marshaled in support of complex challenges. Build-to-Order - provide customers exactly what they want in their computer systems through easy custom configuration and ordering. Thus eliminates the maintenance
Premium Marketing Supply chain management Customer relationship management
ARCHTYPES OF BUSINESS MODELS: LOOKING FOR PATTERNS BY: SALAU ADEDAMOLA ABSTRACT This research incorporated dynamic capability view into the field of business model and proposed an analytical archetype consisting of five interlocking propositions that helps executives as well as researchers gain new insights into the realm of business model competitiveness. The constructs of BM is at the forefront of current business strategy thinking and managers need more advanced models for understanding
Premium Strategic management Management
Alsawaihan Zara case Quest What Business is Zara In? (Business model) Zara is one of the Inditex group‚ which they mainly in the apparel industry. It considers the most successful brand in this group and most of profit margin is coming from Zara stores that are widespread around the world (76countries) and their main products of apparel are for men‚ women‚ and kids. As we can see from the article (It for fast fashion) and Zara’s annual report in 2009‚ the business model of Zara is based on the link
Premium Supply chain management Clothing Inventory
Bright Horizons A business model refers to the trade-offs and decisions regarding how an organization makes money. Every business model must answer four questions. The four questions are: who is the customer?; what does the customer value?; what is the underlying logic of how value is delivered to the customer?; and how does the organization make money? The traditional day care business model answers the four questions as follows: The parents are the customers. The parents value a place for their
Premium Management Strategic management Marketing
A ROLE MODEL OF BUSINESS‚ PIERRE PELADEAU by Felipe Munoz 22 March 2009 IS PIERRE PELADEAU A GOOD ROLE-MODEL FOR BUSINESS STUDENTS? Many of us have heard of Pierre Peladeau‚ a man who built a multi-billion dollar company from a $1‚500 loan. He is one of the most famous entrepreneurs of Quebec history. There is no doubt that he achieved a lot during his life time and there is no doubt that a lot of it was good. He was and is still an icon of Canadian business world. For instance‚ he was known
Premium Judaism Antisemitism Entrepreneurship
Battle for scope‚ consolidate‚ big players dominate Battle for scale‚ rapid consolidation‚ big players dominate Competition Employee‚ coddle the superstars Service oriented‚ customer first Cost centered‚ standards and efficiency • long tail biz models: sell few niche items. Low inventory costs and have a strong platform to make it readily available to interested buyers o ex customized legos o offer wide scope of “non hit” items. o Maybe user generated content o Focus on niche customers o
Premium Innovation Business model Customer