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Chivandi
Lecturer, Zimbabwe
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Key Elements of a Business Model
In my view, a business model has six key elements:
1. Growth strategies
2. Value proposition
3. Market segments
4. Value chain structure
5. Revenue model
6. Competitive strategy
Any builds / reactions?
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Derek Lark
CEO, Australia
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The Main Elements of a Generic Business Model
Hi Chivande,
That list looks really good.
If you are including activities and resources in the value chain structure and costs in the revenue model then I would generally agree with your list.
Channels and relationships would fit within growth and competition too I suggest.
A business model is about building, delivering and capturing value.
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