Business Models and Ethics

Business Models and Ethics

• Evaluate business models that organizations utilize to effectively implement strategies.,
• Critique how ethics affect entrepreneurship.,
• Apply techniques used in business development.,
• Synthesize the different components of the business plan.

APA

Business Models, Ethics, and Development Strategies

Evaluation of Business Models for Strategy Implementation

Organizations use various business models to align with their strategic goals:

1. Product-Based Model – Focuses on creating and selling physical or digital products (e.g., Apple, Tesla).
2. Service-Based Model – Provides expertise, labor, or skills in exchange for fees (e.g., consulting firms, healthcare providers).
3. Subscription Model – Recurring revenue through ongoing customer payments (e.g., Netflix, Spotify).
4. Platform Model – Connects buyers and sellers through an intermediary platform (e.g., Uber, Airbnb).
5. Freemium Model – Offers basic services for free while charging for premium features (e.g., LinkedIn, Zoom).
6. Franchise Model – Expands a proven business concept by licensing it to franchisees (e.g., McDonald’s, Subway).

Effectiveness depends on market conditions, competitive positioning, and operational efficiency…

Business Models, Ethics, and Development Strategies

Evaluation of Business Models for Strategy Implementation

Organizations use various business models to align with their strategic goals:

1. Product-Based Model – Focuses on creating and selling physical or digital products (e.g., Apple, Tesla).
2. Service-Based Model – Provides expertise, labor, or skills in exchange for fees (e.g., consulting firms, healthcare providers).
3. Subscription Model – Recurring revenue through ongoing customer payments (e.g., Netflix, Spotify).
4. Platform Model – Connects buyers and sellers through an intermediary platform (e.g., Uber, Airbnb).
5. Freemium Model – Offers basic services for free while charging for premium features (e.g., LinkedIn, Zoom).
6. Franchise Model – Expands a proven business concept by licensing it to franchisees (e.g., McDonald’s, Subway).

Effectiveness depends on market conditions, competitive positioning, and operational efficiency…

Business Models, Ethics, and Development Strategies

Evaluation of Business Models for Strategy Implementation

Organizations use various business models to align with their strategic goals:

1. Product-Based Model – Focuses on creating and selling physical or digital products (e.g., Apple, Tesla).
2. Service-Based Model – Provides expertise, labor, or skills in exchange for fees (e.g., consulting firms, healthcare providers).
3. Subscription Model – Recurring revenue through ongoing customer payments (e.g., Netflix, Spotify).
4. Platform Model – Connects buyers and sellers through an intermediary platform (e.g., Uber, Airbnb).
5. Freemium Model – Offers basic services for free while charging for premium features (e.g., LinkedIn, Zoom).
6. Franchise Model – Expands a proven business concept by licensing it to franchisees (e.g., McDonald’s, Subway).

Effectiveness depends on market conditions, competitive positioning, and operational efficiency…