Definition of a Business Model is Ambiguous

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In Ho Kim, Professor, Korea (South)
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. (...) Read more? Sign up for free

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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".

  In Ho Kim, Professor, Korea (South)
 

Why Business Paradigm Rather Than Business Model

@: Absolutely I accept the definition of business (...)

  Derek Lark, CEO, Australia
 

Business Model Definition

Hi Mr Kim, I am not a big fan of the term paradigm (...)

  Gert Kindgren, Management Consultant, Sweden
 

Business Model Purpose

The value of defining a Business Model seems to be (...)

  Derek Lark, CEO, Australia
 

Business Model Purpose

@: I like what you are saying. Snapshot because th (...)

  Gert Kindgren, Management Consultant, Sweden
 

Further on the Purpose of a Business Model

I trust what you need in the end is a good plausib (...)

  In Ho Kim, Professor, Korea (South)
 

Why Business Paradigm Rather Than Business Model

These three: concept + term + definition should go (...)

  Derek Lark, CEO, Australia
 

Business Model Terminology and Usage

@, thank you yes totally agree the blueprint can b (...)

  In Ho Kim, Professor, Korea (South)
 

Terminology and Usage

I am just on your side on that it doesn't matter w (...)

 
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