Business Models
Introduction
In the face of intense dynamism and competition in businesses, there is need for business people to adopt business models that assure them of sustainability. This essay explores the Role of external factors of demand play in successful business models, discusses “Business Model Design and Innovation” and also highlights the challenges involved in “Business Model Design and Innovation”.
Business models refer to the foundations of creating, capturing and delivering value to customers. External factors of demand are the influences beyond the control of the business person that are bond to impact on the demand of goods and/or ...