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The business model canvas is a strategic management template that is 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.
Distribution business models, various Fee in, free out Business model which works by charging the first client a fee for a service, while offering that service free of charge to subsequent clients. Franchise Franchising is the practice of using another firm's successful business model.
The equipment that ties together the departmental networks constitutes the network backbone. Another example of a backbone network is the Internet backbone, which is a massive, global system of fiber-optic cable and optical networking that carry the bulk of data between wide area networks (WANs), metro, regional, national and transoceanic networks.
Enterprise modelling is the process of building models of whole or part of an enterprise with process models, data models, resource models and/or new ontologies etc. It is based on knowledge about the enterprise, previous models and/or reference models as well as domain ontologies using model representation languages. [3]
The characteristics of a business network model are: The collaborating companies in a business network are not bound by location, size, sector, or number. They are open to new partnerships that help them to stay competitive. The companies focus on a joint objective and agree on the activities and the procedure to achieve the objectives.
Articles relating to business models, the rationale of how an organization creates, delivers, and captures value, [1] in economic, social, cultural or other contexts. The process of business model construction and modification is also called business model innovation and forms a part of business strategy. [2