Definition of a Business Model is Ambiguous




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In Ho Kim, Republic Of Korea

Definition of a Business Model is Ambiguous

In studying or analyzing something, a clear-cut definition of the concept or term is required.
As far as 'Business Model' is concerned, it is one term with many meanings.
I therefore recommend to use 'business paradigm' as a new terminology that always has one term with one meaning.
A BUSINESS PARADIGM always refers to the mechanism to connect Explicit Needs (demand side) with Extended Value Chain (supply side). Where 'explicit needs' stands for needs with willingness to pay (purchase) as well as purchasing power, and 'Extended Value Chain' implies the willingness to add entrepreneurial activities and resources to Porter's value chain.
 

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drs. ing. Peter Cleton
Management Consultant, Netherlands
 

Business Model Definition According to Osterwalder

I would suggest to use Osterwalder's Business model definition:
"A Business Model is the logic a company earns money".

 
1
In Ho Kim, Republic Of Korea
 

Why Business Paradigm Rather Than Business Model

@Ing. Peter Cleton: Absolutely I accept the definition of business model as the logic a company earn... Sign up

 
1
Derek Lark
CEO, Australia
 

Business Model Definition

Hi Mr Kim, I am not a big fan of the term paradigm. To me it sounds like a fixed idea that cannot be... Sign up

 
2
Gert Kindgren
Management Consultant, Sweden
 

Business Model Purpose

The value of defining a Business Model seems to be more in the process than in the result<... Sign up

 
1
Derek Lark
CEO, Australia
 

Business Model Purpose

@Gert Kindgren: I like what you are saying. Snapshot because the environment is changing continually... Sign up

 
1
Gert Kindgren
Management Consultant, Sweden
 

Further on the Purpose of a Business Model

I trust what you need in the end is a good plausible story for customers, employees, investors and o... Sign up

 
1
In Ho Kim, Republic Of Korea
 

Why Business Paradigm Rather Than Business Model

These three: concept + term + definition should go together in order to express a single concept viv... Sign up

 
1
Derek Lark
CEO, Australia
 

Business Model Terminology and Usage

@Gert, thank you yes totally agree the blueprint can be too early. As Steve Blank says the only true... Sign up

 
1
In Ho Kim, Republic Of Korea
 

Terminology and Usage

I am just on your side on that it doesn't matter what you call it but how you use it. When it comes ... Sign up

   

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