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The subscription business model is a business model in which a customer must pay a recurring price at regular intervals for access to a product or service.The model was pioneered by publishers of books and periodicals in the 17th century, [1] and is now used by many businesses, websites [2] and even pharmaceutical companies in partnership with governments.
In areas where established schools were limited to whites only, the subscription school model was often used by African American or Native American teachers and students. For example, the first known African-American school in St. Louis, Missouri was a subscription school that future Senator Hiram Revels established in 1856. [5]
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. The model describes the specific way in which the business conducts itself, spends, and earns money in a way that generates profit.
Software as a service. Software as a service (SaaS / sæs / [1]) is a form of cloud computing in which the provider offers the use of application software to a client and manages all the physical and software resources used by the application. [2] The distinguishing feature of SaaS compared to other software delivery models is that it separates ...
Business-education partnerships. A business–education partnership is an agreement of collaboration between schools and businesses, unions, governments or community organizations. These partnerships are established by agreement between two or more parties to establish goals, and to construct a plan of action for achievement of those goals.
Brilliant.org is an American for-profit company and associated community that features 70+ guided courses [2] across the site. It operates via a freemium business model. [3] Brilliant was founded in 2012. [3] At the Launch Festival in March 2013, CEO and co-founder Sue Khim presented the idea of Brilliant, attracting funding from venture ...
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.
Rather than making journal articles accessible through a subscription business model, all academic publications could be made free to read and published with some other cost-recovery model, such as publication charges, subsidies, or charging subscriptions only for the print edition, with the online edition gratis or "free to read". [122]