com/locate/lrp From Strategy to Business Models and onto Tactics Ramon Casadesus-Masanell and Joan Enric Ricart Strategy scholars have used the notion of the Business Model to refer to the ‘logic of the firm’ e how it operates and creates value for its stakeholders. On the surface‚ this notion appears to be similar to that of strategy. We present a conceptual framework to separate and relate the concepts of strategy and business model: a business model‚ we argue‚ is a reflection of the firm’s
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The Minsky Model of a General Financial Crisis A Synopsis of ‘Chapter 2 -- The Anatomy of a Typical Crisis’ in Manias‚ Panics and Crashes - A History of Financial Crises by Charles P. Kindleberger and Robert Z. Aliber‚ Sixth Edition‚ Palgrave Macmillan‚ Copyright 2011 Since the end of the Great Depression “…financial failure has been more extensive and pervasive” in the 30-year period 1980 to 2010 than at any other time leading up to the present day (p. 7). Four financial crises occurred
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SUMMARY OF COMMUNICATION MODELS (1)Transmission model Laswell: who say what to whom in which channel what effect (2)Shannon and weaver source→transmiitter→reciever→destination Interactive model (1)Schrammn model encoder decoder interpreter interpreter decoder encoder ↓ Inferential delayed feedback COMMUNICATION MODELS COMMUNICATION PROCESS The communication process is the inter-relationship between several inter-dependent
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Questions to Lecture 7 – IS-LM model and Aggregate demand 1. Draw Keynesian cross as a comparison of planned and realized expenditures. What is the intercept of planned expenditure line? What is its slope? If government expenditures would be positive function of output‚ how would the Keynesian cross change? We will go over this on the review session – easier to explain than on paper. The intersect point represents the equilibrium output. Black line – planned expenditures Blue
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KUHNIAN MODEL According to many science is a steady progression of accrual of new ideas but to Kuhn science was as a result of occasional revolutionary explosions of new knowledge whereby each revolution was triggered by introduction of new ways of thought that were so large that he called them paradigms. These paradigms according to Kuhn were supposed to generally recognize scientific achievements‚ present model problems and solutions for group of researchers. A paradigm is supposed to describe;
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GAP MODEL IN SERVICE MARKETING Perceived service quality can be defined as‚ according to the model‚ the difference between consumers’ expectation and perceptions which eventually depends on the size and the direction of the four gaps concerning the delivery of service quality on the company’s side (Fig. 1; Parasuraman‚ Zeithaml‚ Berry‚ 1985). Customer Gap = f (Gap 1‚ Gap 2‚ Gap 3‚ Gap 4) The magnitude and the direction of each gap will affect the service quality. For instance‚ Gap 3 will
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La Modele rouge (The Red Model) by Rene Magritte (1937) is undoubtedly an iconic piece of surrealist artwork. Surrealism is a 20th-century artistic movement that attempts to express the workings of the subconscious. Rene Magritte was a Belgian surrealist artist whom was well known for his witty and thought-provoking images and his use of basic graphics and mundane objects‚ giving new meanings to familiar things. The Red Model depicts feet that morph into lace-up shoes. GOMA is Queensland’s paramount
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Models of the Atom a) Plum Pudding Model The plum pudding model imagines the atom as a positively charged entity that contains randomly dispersed (negative) electrons within it. It is called the plum pudding model because the electrons in the positively charge cloud resemble raisins in a pudding. Thomson realized that all atoms must contain electrons‚ and since the atoms had a neutral charge‚ they must also include protons. This led him and other to think of the atom as a positively charged
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The EPG Model is a framework for a firm to better pinpoint it’s strategic profile in terms of International Business Strategy. It contains three elements - Ethnocentrism‚ Polycentrism and Geocentrism. The Importance of the EPG Model is mainly in the firm’s awareness and understanding of its specific focus. Because a strategy based mainly on one of the three elements can mean significantly different costs or benefits to the firm‚ it is necessary for a firm to carefully analyze how their firm is oriented
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Channel Models A Tutorial 1 V1.0 February 21‚ 2007 Please send comments/corrections/feedback to Raj Jain‚ jain@acm.org Please send comments to jain@acm.org 1 This work was sponsored in part by WiMAX Forum. Channel Models: A Tutorial 2 V1 Created on 2/21/2007 TABLE CONTENTS CHANNEL MODELS: A TUTORIAL..................................................................................................................................3 CHANNEL MODELS: A TUTORIAL.....................
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