Business Models Literature
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Questions and Answers

What are some ways in which the studies on business models differ?

They differ in providing definitions or classifications, conceptual approaches, tools for graphical representations, and evaluation metrics for success.

Who is considered to have described the first study on business models?

Timmers

What did Osterwalder propose in 2010 based on his earlier work on business model ontology?

Business model canvas

How many essential components does the business model canvas describe?

<p>Nine</p> Signup and view all the answers

What are some elements contained in Timmers's study of a business model?

<p>Product, service, information flows, and business actors</p> Signup and view all the answers

What distinguishes some studies on business models from others?

<p>Definitions, classifications, conceptual approaches, design tools, and evaluation metrics</p> Signup and view all the answers

What did Timmers describe as the first study on business models?

<p>A business model as an architecture containing different elements such as product, service, information flows, and business actors</p> Signup and view all the answers

In 2010, what strategic management template did Osterwalder propose based on his earlier work on business model ontology?

<p>Business model canvas</p> Signup and view all the answers

What are the essential components described in the business model canvas?

<p>Nine essential components of a business</p> Signup and view all the answers

Who proposed a business model as an architecture containing different elements such as product, service, information flows, and business actors?

<p>Timmers</p> Signup and view all the answers

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