Business models

Introduction Business Intelligence (BI), a vital tool for building competitive advantage, aids organizations in learning and the creation of knowledge. Examples of predicative modeling employed by BI include regression and neural networks. As with any process, BI has negatives as well as positives. Some positives of BI include enhanced efficiency, a more focused customer value proposition, and the creation of value from an organization’s data, which otherwise would be a cost center. Examples of…

Business communication The iceberg model An iceberg has only one-fourth of its volume above water and the rest of its volume is beneath the surface in the sea. Culture has some components which are visible like custom and behaviors but other components like attitude, thinking styles, self-image etc are hidden beneath the surface. In an inter-cultural business environment, people tend to judge foreign people’s behavior based on their own cultural background. I have learned this theory in the…

Business Environments Market Environment Theory The market environment is the external environment and directly originates after the Micro environment. The Market Environment is a place where a business has partial control; for instance customers. In the market environment the business can’t force their customers or potential customers to buy their product nonetheless the business is still able to advertise to them in the hopes of persuading them to purchase their product or service. In the…

The franchise business model is one of the most popular methods of entry into the business world because of the opportunity it presents the potential franchisees. “The franchise business model is based around a type of license the franchisee acquires, which allows them to have access to the franchisors proprietary knowledge, processes and trademarks in order he party to sell a product or provide a service under the business 's name” (Franchise Definition, 2006, para.1). As a result, there has…

Consumer Financial Protection Bureau mark the first attempt to regulate payday loan industry at the federal level. Because the proposed regulations would require drastic changes to the business practices used by payday lenders, the industry has been forced to defend its business model. Current Payday Loan Business Model that Lenders Are Defending in…

With the current business environment necessitating such drastic changes to Grainger’s business model, it’s important that leadership stays in touch with employees and positively guides them through a time of company evolution. If Grainger is to cut costs via eliminating branches (and thereby frontline employee jobs) as it shifts to a more e-commerce-oriented business model, it needs to find ways to make remaining employees feel secure in their jobs, motivate them to perform well during a time…

help their clients expand their business and reach to Chinese consumers. The service include: website or mobile app translation, social media campaign setting up and management. The service target the institutions (mainly UK universities) aiming to enter the China market but they don’t know how to launch digital communication channels. In this Essay, Osterwalder and Pigneur’s (2004) the nine business model blocks will be used to investigate PINGPONG Digital’s business…

About Allianz Allianz SE Allianz SE was found by Wilhelm Finck and Carl Thieme in 1890 and its headquarters are in Munich Germany. It is engaged in the provision of insurance and investment advisory services. Its business includes four different segments; life/health, property-casualty, asset management, and corporate and other. The life/health segment offers endowment and term insurance, annuities, unit-linked and investment-oriented products, long-term care insurance, and private and…

world’s largest online retailer. The company which began as an online book store has since diversified its products to include selling DVD’s, CDs’, software, video games, furniture, food, toys, jewellery and electronics. Looking at the company’s business model, it proves that the company is not a traditional retailer. Retail is only a part of the company and although Amazons products are sold at a standard mark-up, the company has also established alternate retail strategies by representing…

Hey Anna – That’s some pretty intense research on Ben&Jerry’s philanthropic efforts. To answer your question on other industries that might be have incorporated such social conscious business model, I find WarbyParker (www.warbyparker.com) doing an extraordinary job. Their business idea also started with a problem similar to TOMSs. The company was a startup, by a group of students, one of who lost a pair of glasses on a backpacking trip. The extremely high cost of replacement of the prescription…