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The Business Model Canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
Business model innovation is an iterative and potentially circular process. [ 1] A business model describes how an organization creates, delivers, and captures value, [ 2] in economic, social, cultural or other contexts. For a business, it describes the specific way in which it conducts itself, spends, and earns money in a way that generates ...
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The Business Model Canvas is a strategic management template invented by Alexander Osterwalder around 2008 for developing new business models or documenting existing ones. [28] It is a visual chart with elements describing a firm's value proposition, infrastructure, customers, and finances. It assists firms in aligning their activities by ...
File:Business model canvas (Week 2).pdf. Size of this JPG preview of this PDF file: 423 × 599 pixels. Other resolutions: 169 × 240 pixels | 339 × 480 pixels | 542 × 768 pixels | 1,239 × 1,754 pixels. This is a file from the Wikimedia Commons. Information from its description page there is shown below.
Alexander Osterwalder and Yves Pigneur designed the Business Model Canvas. [ 16 ] [ 19 ] The Canvas is a tool to help entrepreneurs structure and plan their business models. [ 16 ] It is designed to change rapidly, highlight alternatives, promote a customer focus and encourage testing.
Business model patterns are reusable business model architectural components, which can be used in generating a new business model. [ 1] In the process of new business model generation, the business model innovator can use one or more of these patterns to creating a new business model. Each of these patterns has similarities in characteristics ...
The Platform Canvas is a conceptual framework dedicated to explain the mechanisms of multi-sided platform organizations, and how value is created, captured and delivered in the platform economy. [1] Multi-sided platforms, also called two-sided markets, like Amazon, Uber and Airbnb, create value primarily by enabling direct interactions between ...