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MGMT20132 Innovation And Sustainable Business Development

tag 0 Download 9 Pages / 2,008 Words tag 13-10-2021

Questions:

1. Define the concept of a business model.

2. Explain what is involved when referring to the notion of an e-business archetype, business model as an activity system AND a business model as a cost-revenue architecture.

3. Explain how these business model conceptualisations can be used to analyse and solve static and dynamic problems, including business model design/re-design problems.

4. Explain what is meant by the term business context and the notion that change in business is inevitable.

5. In regard to the latter, you should ground your arguments through the use of an example. The example you use should refer to an organisation that has been impacted by either one or a combination of the following phenomena: the rise of 'big data', the necessity to reconfigure the organisation's value chains, technologies becoming more integrated and the introduction of 'cities of the future' initiatives.

6. You need to explain how the organisation's business model has been impacted by change and what this means for managers when making decisions about the organisation's business model.
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