10 Questions
What is a company's business model according to the text?
A bundle of specific activities conducted to satisfy the perceived needs of the market.
What does a business model innovation focus on?
Creating new systems of interconnected activities for a company.
Which term describes business models with similar characteristics or behaviors?
Business Model Patterns
What does 'unbundling business models' refer to?
Separating different businesses within a corporation to avoid conflicts.
Which type of business focuses on building strong relationships with customers?
Customer Relationship Businesses
What is the main focus of Product Innovation Businesses?
Creating advanced product technologies.
Which aspect differentiates Infrastructure Businesses from other types?
They manage the logistical and operational support of a business.
'Long Tail' is associated with which business concept?
Providing products or services tailored to individual customer preferences.
Which type of business model involves multiple parties interacting across different sectors?
Multi-Sided Platforms
What does it mean to have 'FREE as a Business Model'?
Providing products or services at no cost to customers.
Learn about the Consumer Decision Journey for a Hotel Organization with examples of online and offline marketing strategies at each stage. Additionally, understand the definition of Blockchain and its application in creating a distributed trust network.
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