Business models Strategic management 2 - seminars 15.4.2013 Ivan Župič What is business model ? Definition A business model describes the rationale of how an organization creates‚ delivers‚ and captures value Business model building blocks Customer segments Value propositions Channels (communications‚ distribution‚ sales) Customer relationships Revenue streams Key resources Key activities Key partnerships Cost structure Customer Segments A business model may define one or several
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understanding of the scope and purposes of management accounting and the concepts which underpinned it was summarized by the International Federation of Accountants (IFAC) in a statement. Later on in 1998‚ the statement was revised and released as Management Accounting Concepts – Number 1 in the series of International Management Accounting Practice Statements. The purpose of this article is to explain the IFAC’s perspective of the change in management accounting. This can be justified by the author
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When it comes to health care I think it should be available to everyone. Free insurance would be nice‚ sure‚ for everyone who is working‚ going to school‚ raising their family‚ or has served in the military‚ but that isn’t possible. If free isn’t possible‚ can it at least be afforadable? Even with the Affordable Care Act the insurance isn’t affordable and people are still getting turned down for "making too much money." A single parent‚ working full time‚ with one child can’t even get covered by
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CASE 11: General Electric Healthcare‚ 2006 1. Was buying Amersham a good idea? Why or why not? We support the idea that GE Healthcare‚ which is one of the biggest conglomerates globally‚ took the right step in acquiring the business Amersham in order to expand the business and restructure its core business into becoming a global standardized business aiming to provide products that answers the needs of consumers in the market today. The following
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McKinsey & Company was founded in 1926 as the Accounting and Engineering Advisors and it grew rapidly. The case describes the steps taken by McKinsey & Company to transform the firm into "snowball makers" and "snowball throwers." 1. What was the organization design that was in place at McKinsey and what did they want to change? Did the change in design complement their strategy? What were the key barriers to implementing change? The organization design in place at McKinsey was general in nature
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Model Questions (Remember it is only a model) SECTION A –Basic Concepts (5 10 = 50 marks) Answer any FIVE questions. All questions carry equal marks. 1. Discuss the various functions of human resource management. 2. Explain Human Resource Planning Process. 3. What is Job Specification? How does it differ from job description? Illustrate with suitable examples. 4. Define the concepts of reliability and validity. What are the three types of validity Explain. 5. Identify the Holland vocational
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Performance Diagnosis Model: Case reading Joe Chaney A. Diagnostic model in order to pinpoint plausible performance problems When we follow the steps in the performance diagnosis model‚ our outcome is the following: Expectations Problem: what are your performance expectations for this position? What do you think my expectations are? Joe knows what the goals of the company are‚ had a wide experience in the architectural field‚ which gives him the same abilities as the hotshot architects. However
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Healthcare Market 2020 Brief Overview The Indian healthcare industry is expected to reach US$ 79 billion in 2012 and US$ 280 billion by 2020‚ on the back of increasing demand for specialised and quality healthcare facilities. Further‚ the hospital services market‚ which represents one of the most important segment of the Indian healthcare industry‚ is expected to be worth US$ 81.2 billion by 2015. Meanwhile‚ the Indian pharmaceutical market is expected to grow at a compound annual growth rate
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major stakeholders: patients‚ employers‚ healthcare providers and states. As the result of the ACA‚ the congress established the Center for Medical & Medicaid Innovation (called now Innovation Center) and mandate “both robust financial support and unprecedented degree of flexibility in testing and evaluating care delivery and payment/reimbursement models” (p.459). The purpose of the Innovation Center is to “identify‚ test and spread delivery and payment models to help providers improve care while cutting
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supply chain management. Against this backdrop‚ effective supply chain management is treated as key to building a sustainable competitive edge through improved inter and intra-firm relationships (Seuring et al 2003). A range of benefits has been attributed to supply chain management‚ including reduced costs‚ increased market share and sales‚ and solid customer relations (Langabeer 2007). There is one paper which presents a major contribution to the field of supply chain management and this
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