Podcast
Questions and Answers
What determines the velocity of a business model according to the text?
What determines the velocity of a business model according to the text?
- The number of customers acquired
- The variety of products offered
- The number of host partners on the platform
- The speed at which profits are realized compared to competitors (correct)
How does the sustainability of Indigo's low-cost business model depend on its virtuous cycles?
How does the sustainability of Indigo's low-cost business model depend on its virtuous cycles?
- By ensuring better payment terms for hosts
- By maintaining large customer volume and low fares (correct)
- By offering a wider variety of travel experiences
- By increasing the number of sellers on the platform
What does a higher number of virtuous cycles in a firm's business model lead to, according to the text?
What does a higher number of virtuous cycles in a firm's business model lead to, according to the text?
- Higher profits due to lower operating costs
- Increased competition from rivals
- Improved customer experience (correct)
- Lower platform management costs
What is one way in which Amazon sustains its multiple virtuous cycles/value loops, as mentioned in the text?
What is one way in which Amazon sustains its multiple virtuous cycles/value loops, as mentioned in the text?
What helps sustain the value creation of a firm over a longer period of time?
What helps sustain the value creation of a firm over a longer period of time?
What do business models depict?
What do business models depict?
What do assets refer to in the context of business models?
What do assets refer to in the context of business models?
What does governance determine in the context of business models?
What does governance determine in the context of business models?
What are the typical consequences of the choices made by a firm in its business model?
What are the typical consequences of the choices made by a firm in its business model?
What kind of choices does a firm make related to its operations, as mentioned in the text?
What kind of choices does a firm make related to its operations, as mentioned in the text?
At what level are business models analyzed?
At what level are business models analyzed?
What do business models represent?
What do business models represent?
Why is business model analysis performed?
Why is business model analysis performed?
What is the primary focus of business model analysis?
What is the primary focus of business model analysis?
What defines the dynamic nature of business models?
What defines the dynamic nature of business models?
