Running Lean: Create Your Lean Canvas --Ash Maurya Article Summary Lean Canvas offers an impeccable layout for brainstorming potential business models and tracking progress. The author guides the entrepreneur through the process of creating a lean canvas for a start-up business. It starts by brainstorming for a product’s possible customers. It is important to realize that a customer pays‚ but a user does not. Moreover‚ splitting large customer segments is important to effectively construct and position
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Fast Food ARENA Arena FDA Ministry Of Health Green NGOs Lopez Foods Breads Montasino Lopez Foods Meat Lamb Weston Cheese Lopez Foods Coca-Cola Beverages Manufacturers Pepsico Ministry Of Health Lopez Foods Keystone Food Coca-Cola Beverages Pepsico Distributers Ministry Of Health McDoanlds Wendys Jack’In’Box Pizza Hut (YUM!) KFC (YUM!) Subway Brands Advertising Advertising Franchisers Deliveries Restaurants Customers Mcdonalds – 1year
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Customer Value Proposition: To provide unlimited call and text at the lowest price possible with free unit of android smart phone and wifi android tablet. To be able to communicate with your loved ones‚ anytime and anywhere in the Philippines. To reach and establish good relationship with others through 24/7 call and text unlimited. Contact each other at anytime of the day with just one click on your cellular phone. Profit Formula: Revenue Generation: *Monthly Subscription fees from mobile
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Lockheed Martin is an American global aerospace and defense company and is the world’s largest defense contractor based on revenue. Lockheed’s largest project of the 21st century is the F-35 Lightning II‚ a fifth generation combat aircraft. In 1993‚ McDonnell Douglas‚ Northrop Grumman‚ Boeing‚ and Lockheed Martin entered the Joint Strike Fighter competition. The goal of the competition was to replace various aircraft used by the military including the F-16. Lockheed’s entry into the competition‚
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e-Business Model‚ Venn Diagram Technology Application and e-Marketing – MKT552 February 18‚ 2013 Howard Kersey Introduction The e-Business sector is seeing tremendous growth at a time when technology is the lifeline for many people. Online business models are used to convert new technology to economic value. For some start-up companies‚ familiar business models cannot be applied‚ so a new model must be devised to fit the vision for the new entity. Not only is the business model important
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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
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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
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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
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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
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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
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